1409 S. College ave - Apartments FOR SALE


Bryan, TX 77801
$1,350,000 USD
979-324-0866
1409 S. College ave, Bryan, TX for Sale
$1,350,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1409 S. College ave
Bryan, TX 77801


OVERVIEW

Great Investment Opportunity; 106 Hardy and 1409 S. College is a well-maintained and well-managed asset with fantastic historic occupancy. This property will provide an excellent source of passive income for an investor. Excellent Historical Maintenance; Each building had the roof replaced in July 2021. Most HVAC units have been replaced between 2021 and current. Since new ownership in 2021 - appliances, water heaters, garbage disposals and flooring have been replaced as needed. Current owner spent much of 2021-2023 solving all deferred maintenance issues. Future Rent Growth; Historic full occupancy in a growing market. The Bryan College Station area has shown continued high occupancy and strong YOY rent growth.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$938 USD /SF

# OF UNITS

13

PRICE/UNIT

$103,846

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1409 S. College & 106 Hardy

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,854 SF

ZONING

-

APN/PARCEL ID

44575

ASK ABOUT THIS PROPERTY

Sam SolcherClark Isenhour Real Estate Services, LLCMore Info
979-324-0866

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Sam SolcherClark Isenhour Real Estate Services, LLCMore Info
979-324-0866

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.