4-Unit Residential
For Sale
$413,900
1803 Potomac Place A-d, College Station, TX 77840
Two unit layouts serve a fully occupied residential income property near the TAMU bus route.
Property Size3,454 SF
Price / SF$119.83
Days on Market75
Property Features for 1803 Potomac Place A-d
General Information
Standard status
Active
Size
3,454 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
4
Building Details
Year Built
1976
Listing Agency:
Brookhaven Realty
Listed By:
Josh Jenkins · License #JENKIJOS122
(979) 575-7559
Source:
Doorstephomegroup
Added: Aug 2
Changed: Sep 11
Last Checked: Sep 29 at 10:20AM
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 Brookhaven Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit residential property, built in 1976, offers two distinct configurations across the building. Two residences contain 2 bedrooms and 1 bathroom each, while the remaining two provide 1 bedroom and 1 bathroom each. All four units are currently occupied, supporting an established income-producing configuration.
The property is positioned just off Southwest Parkway in College Station and is served by the TAMU bus route. Its four-unit layout and mix of one- and two-bedroom residences provide a clearly defined residential format for ownership or continued leasing.
The property is positioned just off Southwest Parkway in College Station and is served by the TAMU bus route. Its four-unit layout and mix of one- and two-bedroom residences provide a clearly defined residential format for ownership or continued leasing.
Key Highlights
- Four‑unit quadplex with all units occupied
- Unit mix includes two 2‑bedroom, 1‑bath residences and two 1‑bedroom, 1‑bath residences
- Built in 1976
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,132
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,640
$742.6K
Cap Rate 7%
$530,457
$530.5K
Cap Rate 9%
$412,578
$412.6K
Market Conditions
NOI Build-Up for 3,454 SF
Gross rent
$56.0K $16.20/SF
− Vacancy
−$2.9K −$0.84/SF
EGI
$53.0K $15.36/SF
− OpEx
−$15.9K −$4.61/SF
NOI
$37.1K $10.75/SF
Area
College Station, TX
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,640
Cap Rate 7%
$530,457
Cap Rate 9%
$412,578
Alternative Uses
Best Use
Multifamily LT 5
$530.5K
$464.2K – $618.9K
NOI $37,132 @ 7.0% cap · market cap 8.97%
Second Best
Apartment 5plus
$473.4K
$414.2K – $552.3K
NOI $33,135 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$850.5K
$744.2K – $992.3K
NOI $59,536 @ 7.0% cap · market cap 14.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
Explore this area
Business Placement
Demographics for 77840, TX
55,180
Population
25,423
Households
2.2
Avg Household Size
25
Median Age
46%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
5,518
Density / Sq Mi
$31,278
Median Household Income
$14,521
Median Earnings
$1,085
Median Rent
$241,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Two unit layouts serve a fully occupied residential income property near the TAMU bus route.
Where is this quadplex located?
The property is located at 1803 Potomac Place A-d College Station, TX.
What is the asking price?
The asking price for this property is $413,900.
What are key features of this property?
This property features: Four‑unit quadplex with all units occupied; Unit mix includes two 2‑bedroom, 1‑bath residences and two 1‑bedroom, 1‑bath residences; Built in 1976
