Building Details

Year built 1979

Floors in Building 1

Number of units 6

Flooring type Tile

Roof type Composition

Listing Agency: Keller Williams Realty Brazos Valley office k***@kw.com Show Phone

Listed By: Mary Whitworth · License #0556344 Show Phone

Added: Jan 2 Changed: Sep 12 Last Checked: Oct 13 at 6:06PM

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MLS# 25012567

Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property includes six four-plex buildings with 24 total units across 15,228 square feet. Each residence is configured with two bedrooms and one bathroom. Interior improvements include tile flooring, tiled shower surrounds, and stackable washer and dryer units within each unit. Central systems provide heating and air conditioning, with natural gas listed for heating and cooling. The buildings were constructed in 1979 and feature composition roofs.

The property occupies 1.2444 acres at 1900-1910 Finfeather in Bryan, Texas, within ZIP Code 77801. B09 zoning applies to the site. The six-building layout provides a defined multifamily configuration with consistent unit plans and shared property-level improvements.

Key Highlights

• 24 total units across six four‑plex buildings
• Each unit offers a two‑bedroom, one‑bathroom layout
• 15,228 square feet on 1.2444 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$146,084

Cap Rate

6.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,921,680 $2.9M

Cap Rate 7%

$2,086,914 $2.1M

Cap Rate 9%

$1,623,156 $1.6M

Market Conditions

NOI Build-Up for 15,228 SF

Gross rent

$279.6K $18.36/SF

− Vacancy

−$14.0K −$0.92/SF

EGI

$265.6K $17.44/SF

− OpEx

−$119.5K −$7.85/SF

NOI

$146.1K $9.59/SF

Area

Brazos County, TX

Vacancy

5.00%

Lease Rate

$18.36 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,921,680

Cap Rate 7%

$2,086,914

Cap Rate 9%

$1,623,156

Alternative Uses

Best Use

Apartment 5plus

$2.09M

$1.83M – $2.43M (±1% cap)

NOI $146,084 @ 7.0% cap · market cap 6.49%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$3.75M

$3.28M – $4.37M (±1% cap)

NOI $262,482 @ 7.0% cap · market cap 11.67%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24

Residential units

Location Intelligence

Trade Area within ½ mile

371

Businesses Nearby

Explore this area Business Placement

Demographics for 77801, TX

15,097

Population

7,221

Households

2.1

Avg Household Size

27

Median Age

23%

College-Educated

81%

High-School Grad

3.1 sq mi

ZIP Area

4,870

Density / Sq Mi

$35,575

Median Household Income

$24,587

Median Earnings

$998

Median Rent

$172,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Six four-plex buildings offer updated two-bedroom residences with in-unit laundry and durable tile finishes.

Where is this multifamily property located?

The property is located at 1900-1910 Finfeather Bryan, TX.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: 24 total units across six four‑plex buildings; Each unit offers a two‑bedroom, one‑bathroom layout; 15,228 square feet on 1.2444 acres