210-426-1800
2401 Welsh Ave, College Station, TX for Sale
Apartments - FOR SALE
1/49
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2401 Welsh Ave
College Station, TX 77845


HIGHLIGHTS

  • Significant value-add opportunity and Well-maintained
  • Property is unrestricted, no rent controls
  • Close proximity to Jones Crossing, new mixed use development featuring 100,000+ SF HEB, multiple restaurants and retailers
  • Strong area demographics, with average household income in excess of $70,000
  • Located just 1.5 miles from Texas A&M University, current enrollment of +/- 79,000 students
  • Ease of access to Harvey Mitchell Parkway, Wellborn Road and Texas Avenue

OVERVIEW

Oldham Goodwin Group is pleased to present the Brazos Point Apartments in College Station, Texas. The property consists of 134 units, made up of 64 one bedroom and 70 two bedroom units. This property serves its residents with on-site parking, swimming pool and laundry facilities. Select units include washer/dryer connections, and 48 of the units have undergone a renovation, presenting true upside potential through continuation of the upgrade program. Originally built in 1981, the property has been owned for several years by the current investor group, and has been well-maintained. Brazos Point has relatively few student residents, focusing instead on providing a more stable work-force housing solution. The property is unrestricted and boasts many long-term residents, with most units rented at rates below area competition, presenting an opportunity for increased revenue.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

134

CAP RATE

Request Cap Rate

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brazos Point Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.6 AC

LAND SF

243,936 SF

ZONING

-

APN/PARCEL ID

44203

ASK ABOUT THIS PROPERTY

Steve MonroeOldham Goodwin Group, LLCMore Info
210-426-1800

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Steve MonroeOldham Goodwin Group, LLCMore Info
210-426-1800

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