Diligence file / Portfolio
3000 Ethel six-unit portfolio
3000 Ethel Ave package, Waco, TX; three separately located duplex assets
Overview
Year built
Building area
Apparent / marketed units
Sources, caveats & notes
Six marketed units across three duplex assets; legal status remains unverified.
View sourceView sourceUnit configuration
Sources, caveats & notes
Not one six-unit apartment building and not a clean single-site substitute.
View sourceView sourceParcel identifier
The diligence brief
Why it ranks
This record remains Separate watchlist because unresolved evidence still controls whether it fits the current mandate. First gate: What are the exact three asset addresses and parcel/title relationships?
What could change the case
- Single site mandate fit: Existence of six units does not replace the owner-occupied single-site mandate.
- Executed portfolio rent: Marketing calls the assets income-producing/fully leased, but no exact rent roll was verified.
What the seller must prove
- Complete asset schedule
- Portfolio rent roll and all executed leases
- Parcel, title, utility, and meter information for each duplex
What we should verify next
- Direct parcel and legal-use records for each of the three duplex assets
What could kill the deal
Unresolved and weakly supported fields that can change the diligence priority. These are questions to resolve, not conclusions that a defect exists.
Single site mandate fit
Existence of six units does not replace the owner-occupied single-site mandate.
Why we believe this
Existence of six units does not replace the owner-occupied single-site mandate.
View sourceExecuted portfolio rent
Marketing calls the assets income-producing/fully leased, but no exact rent roll was verified.
Why we believe this
Marketing calls the assets income-producing/fully leased, but no exact rent roll was verified.
No source attachedRent evidence
ASKING RENT COMPS · Advertised asks are not executed rents or verified collections.
Executed portfolio rent
Sources, caveats & notes
Marketing calls the assets income-producing/fully leased, but no exact rent roll was verified.
No source attachedUNKNOWN · No asking-rent comparable record is linked to this asset.
What we are relying on
Complete canonical fields, including load-bearing claims and estimates. No property-wide confidence score is inferred.
Asking price
Marketed unit count
Sources, caveats & notes
Six marketed units across three duplex assets; legal status remains unverified.
View sourceView sourcePortfolio structure
Sources, caveats & notes
Not one six-unit apartment building and not a clean single-site substitute.
View sourceView sourceAggregate marketed bed bath
Price per unit
Sources, caveats & notes
$545,000 divided by six marketed units; approximately $90,833 per unit before costs or repairs.
View sourceView sourceIncludes brook
Single site mandate fit
Sources, caveats & notes
Existence of six units does not replace the owner-occupied single-site mandate.
View sourceExecuted portfolio rent
Sources, caveats & notes
Marketing calls the assets income-producing/fully leased, but no exact rent roll was verified.
No source attachedWhat evidence is missing
Open questions
- What are the exact three asset addresses and parcel/title relationships?
- What are the six executed rents and lease expirations?
- Which unit, if any, is available for owner occupancy?
- Does a geographically distributed portfolio fit the mandate?
Seller / agent required
- Complete asset schedule
- Portfolio rent roll and all executed leases
- Parcel, title, utility, and meter information for each duplex
Official records required
- Direct parcel and legal-use records for each of the three duplex assets
Professional diligence required
- No paid diligence until portfolio fit and complete seller evidence are established
What would change our mind
Resolution of these canonical open questions can change priority. No new numeric threshold or offer rule has been assumed.
- What are the exact three asset addresses and parcel/title relationships?
- What are the six executed rents and lease expirations?
- Which unit, if any, is available for owner occupancy?
- Does a geographically distributed portfolio fit the mandate?
Evidence / sources
Sources resolve through the catalog. An official portal reference does not establish that a property-specific record was captured.
Homes.com
3000 Ethel Ave package
Describes three income-producing, separately located duplexes and includes 3412 Brook Cir.
Research provenance
SRC-ETHEL-HOMES-LISTING
turn15search21Roots / Roden broker marketing
3000 Ethel Ave six-unit package
Markets a six-unit package at approximately $545,000.
Research provenance
SRC-ETHEL-ROOTS-RODEN-LISTING
turn15search2, turn15search5Waco Investment Intelligence Finalist Public Verification Report
research/verification/2026-09-05-waco-finalist-public-verification-report.md
Frozen research synthesis; underlying citation tokens are cataloged only as historical interface references.
Research provenance
SRC-FINALIST-VERIFICATION-REPORT
No historical citation tokens