Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1700 George Bush Dr College Station, TX 77840

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    52-unit multifamily property near Texas A&M University.

    Type:Multifamily
    Property size:
    57,156 SF
    Lot size:
    2.84 Acres
    Added:
    Mar 9, 2026
    Days on Market:
    24
    Last Refresh:
    Mar 19 at 10:02 pm

    Property Features for 1700 George Bush Dr

    General Information

    Standard status
    Active
    Size
    57,156 SF
    Lot size
    2.84 Acres
    Property subtype
    Multifamily

    Building Details

    Year Built
    1971

    We can help!

    Listing Contact
    Chase Tucker

    Listing agent Chase Tucker License #631170

    Listing office Coldwell Banker Commercial Capital Advisors

    Listing date Mar 9, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Capital Advisors

    Overview

    College Station Multifamily Investment Opportunity

    University Terrace Apartment Homes is a 52-unit multifamily community located in midtown College Station, Texas, southeast of Texas A&M University. Constructed in 1971, the garden-style property is situated on 2.84 acres. It comprises 4, two-story buildings of masonry construction with brick and hardie plank siding. The property offers two-bedroom floor plans with amenities such as fully equipped kitchens with stainless steel appliances and granite countertops, hardwood floors, and walk-in closets. Residents benefit from the property’s location along George Bush Drive, providing convenient access to major College Station thoroughfares and proximity to the Texas A&M University campus, shopping, dining, and nearby parks. The property is intended for use as apartment buildings, multifamily properties, and residential income properties.
    Location Intelligence

    Current Use by Public Records

    Kathywatsonhomes Real Estate Agency Custom Coatings Painting Service Brady Buys Homes Real Estate Agency Culpepper Realty Co Real Estate Agency John Byers Home ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    College Station
    County
    Brazos
    State
    Texas
    Longitude
    -96.3180671
    Latitude
    30.6180404

    Nearby Similar for Sale

    • $2,190,000
      8,668 SF

      Restaurant and Bar Ready Property

      Turnkey restaurant and bar with additional retail/office suites.
      3006 BARRON ROAD, College Station, TX 77845
      View Details
    • $525,000
      4,288 SF

      College Station Fourplex Investment Opportunity

      Fully leased fourplex near Texas A&M with strong income potential.
      17292-17298 Cedar Rock Ct, College Station, TX 77845
      View Details
    • $1,995,000
      5,362 SF

      Modern Industrial Office Space

      Two-story office with modern design, 13 private offices.
      1645 Greens Prairie Road W unit: 404, College Station, TX 77845
      View Details
    • $910,000
      3,508 SF

      College Station Fourplex Investment Opportunity

      Two side-by-side fourplexes near Texas A&M University.
      1216 & 1218 Holik Drive unit: A-D, College Station, TX 77840
      View Details
    • $455,000
      3,960 SF

      College Station Fourplex Investment Opportunity

      Fourplex near Texas A&M with strong rental performance.
      1216 Holik Drive unit: A-D, College Station, TX 77840
      View Details
    • $420,000
      2,671 SF

      South College Station Duplex Opportunity

      Spacious duplex in desirable location, perfect for investment or living.
      901 Crepe Myrtle Street, College Station, TX 77845
      View Details
    • $324,500
      1,985 SF

      Duplex in College Station, Texas

      Well-maintained duplex with strong rental history and excellent location.
      213-215 Yale Circle, College Station, TX 77840
      View Details
    • $369,000
      2,320 SF

      Updated Duplex Near Texas A&M

      Two-unit property near Texas A&M with updated features.
      401 Park Road unit: A-B, College Station, TX 77840
      View Details
    • $2,279,400
      9,680 SF

      New Townhomes in College Station

      Fully leased townhomes near campus, ideal for investors.
      4039-4059 Gunner Trail, College Station, TX 77845
      View Details
    • $7,500,000

      High-Fenced Ranch Retreat Opportunity

      185-acre ranch near Texas A&M, suitable for various ventures.
      20650 Fm 2154, College Station, TX 77845
      View Details
    • $450,000
      3,454 SF

      College Station Fourplex For Sale

      Well-maintained fourplex in College Station with all units currently leased.
      1810 Potomac Place unit: A-D, College Station, TX 77840
      View Details
    • $304,000
      1,660 SF

      College Station Duplex For Sale

      Well-maintained, fully occupied duplex with recent upgrades and ample parking.
      3314 Normand Drive, College Station, TX 77845-5908
      View Details

    FAQs

    What type of property is this?
    Apartment building - 52-unit multifamily property near Texas A&M University.
    Where is this apartment building located?
    The property is located at 1700 George Bush Dr College Station, TX.
    What are key features of this property?
    This property features: Prime location near Texas A&M University campus, shopping, dining, and parks.; Fully equipped kitchens with stainless steel appliances and granite countertops.; Convenient access to major College Station thoroughfares.
    We can help!
    Listing Contact
    Chase Tucker
    Real Estate License ID: 631170
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!