Stabilized Multifamily
For Sale
$2,250,000
1900-1910 Finfeather Road, Bryan, TX 77801
Multifamily portfolio with 24 units, updated interiors, and strong cashflow.
Property Size15,228 SF
Price / SF$147.75
Days on Market274
Property Features for 1900-1910 Finfeather Road
General Information
Standard status
Active
Size
15,228 SF
Property subtype
Residential Income / Quadruplex
Amenities
One
Central Air, Gas
Central, Gas
Tile
Unfurnished
Gas Range, Refrigerator, Dryer, Washer
Yes
Composition
Building Details
Year Built
1979
Stories
1
Listing Agency:
Keller Williams Realty Brazos Valley office
(979) 255-5255
Listed By:
Mary Whitworth · License #0556344
(979) 255-5255
Source:
Compass
Added: Nov 28, 2025
Changed: Aug 27
Last Checked: Aug 26 at 1:38PM
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 Keller Williams Realty Brazos Valley office
Investment Insights
Based on property information with market context.
This is an exceptional opportunity to acquire a stabilized multi-family portfolio consisting of six four-plex buildings, totaling 24 units. Each unit features a functional two-bedroom, one-bathroom layout. The units have been thoughtfully updated with durable tile flooring throughout, tiled showers, and in-unit stackable washer and dryer units, enhancing tenant appeal and reducing maintenance. The properties have been well maintained and offer strong cash flow with strong rental demand. This portfolio is excellent for investors seeking a turnkey, income-producing asset with immediate returns and long-term appreciation potential. The property is located off Wellborn Rd to Finfeather, left on Finfeather. The property size is 15228 square feet.
Key Highlights
- Stabilized multi‑family portfolio with 24 units across six buildings.
- Turnkey, income‑producing asset with immediate returns.
- Updated units featuring tile flooring, tiled showers, and in‑unit washer/dryers.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$163,706
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,274,120
$3.3M
Cap Rate 7%
$2,338,657
$2.3M
Cap Rate 9%
$1,818,956
$1.8M
Market Conditions
NOI Build-Up for 15,228 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$246.7K $16.20/SF
− Vacancy
−$12.8K −$0.84/SF
EGI
$233.9K $15.36/SF
− OpEx
−$70.2K −$4.61/SF
NOI
$163.7K $10.75/SF
Area
Brazos County, 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,274,120
Cap Rate 7%
$2,338,657
Cap Rate 9%
$1,818,956
Alternative Uses
Best Use
Multifamily LT 5
$2.34M
$2.05M – $2.73M
NOI $163,706 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$2.09M
$1.83M – $2.43M
NOI $146,084 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$3.75M
$3.28M – $4.37M
NOI $262,482 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Multifamily portfolio with 24 units, updated interiors, and strong cashflow.
Where is this quadplex located?
The property is located at 1900-1910 Finfeather Road 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: Stabilized multi‑family portfolio with 24 units across six buildings.; Turnkey, income‑producing asset with immediate returns.; Updated units featuring tile flooring, tiled showers, and in‑unit washer/dryers.
