300 N Parker Ave - Apartments FOR SALE


Bryan, TX 77803- Downtown Bryan
$2,350,000 USD
409-781-7734
300 N Parker Ave, Bryan, TX for Sale
$2,350,000 USD
Apartments - FOR SALE
1/24
null | 6% Cap Rate

300 N Parker Ave
Bryan, TX 77803
Downtown Bryan


HIGHLIGHTS

  • 12 Units Built in 2015 - Four (4), 2 bedroom, 2.5 bath units and Eight (8), 2 bedroom, 1.5 bath units.
  • Great floor plans with modern finishes and yard space for each unit.
  • Townhome units are individually platted, creating a future upside opportunity through individual sales.
  • 100% leased and stable tenant base with extensive waitlist.
  • Low inventory in Downtown Bryan creates rent growth opportunity.

OVERVIEW

OLDHAM GOODWIN is pleased to present the Parker Townhomes, a twelve (12) unit townhome community in vibrant Downtown Bryan, TX for your consideration. Parker Townhomes, built in 2015, is positioned in a tranquil location, just two blocks off the hustle and bustle of Main Street. Each townhome is separately platted, giving investors the opportunity to sell individual units if they desire. The project is fully leased, has great occupancy history, and is highly desirable to young professionals, due to its proximity to dining, culture, and entertainment. Lower apartment inventory in Downtown Bryan creates a favorable environment for rent growth.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$157 USD /SF

# OF UNITS

12

PRICE/UNIT

$195,833

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

300 Parker Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2015

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

DT-N

APN/PARCEL ID

376019

ASK ABOUT THIS PROPERTY

Clint OldhamOldham Goodwin Group, LLC.More Info
409-781-7734

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Clint OldhamOldham Goodwin Group, LLC.More Info
409-781-7734

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