$2,250,000 USD
512-660-9037
905 Balcones Dr
College Station, TX 77845
Southwood Valley
OVERVIEW
Prime opportunity to acquire TAMU campus-area housing. All 12 units have been completely renovated, all HVACs have been replaced, all three stair cases were replaced by a local steel fabricator, and new roof with a 50-year warranty installed in 2022. Current gross monthly rent is $14,700 through July 2025.
FOR SALE DETAILS
PRICE
$2,250,000 USD
PRICE/SF
$152 USD /SF
# OF UNITS
12
PRICE/UNIT
$187,500
CAP RATE
6%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Balcones Villas
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1995
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.98 AC
LAND SF
42,689 SF
ZONING
-
APN/PARCEL ID
94595
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512-660-9037
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512-660-9037
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