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78-Unit Multifamily Complex Near University
For Sale
$6,000,000

327 W College, Nacogdoches, TX 75965

COMMERCIAL - Nacogdoches, TX

Property Size965 SF
Lot Size7.30 Acres
Price / SF$6,217
Days on Market922

Property Features for 327 W College

General Information

Property type Commercial Sale
Property subtype Other
Zoning Nac MF Multi-Family
Elementary school Raguet
Elementary school district Nacogdoches
Middle school district Nacogdoches
High school district Nacogdoches
Subdivision Nacogdoches
Standard status Active
Size 965 SF
Lot size 7.30 Acres

Building Details

Year built 1986
Listing Agency: SIMPSON REAL ESTATE
Listed By: Bryan Davis
Added: Jan 22, 2024 Changed: May 26 Last Checked: Aug 1 at 6:06AM
MLS# 22400102

Copyright © 2026 Deep East Texas 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 is a 78-unit apartment complex consisting of 54 one-bedroom, one-bathroom units, each measuring 698 square feet, and 24 two-bedroom, two-bathroom units, each measuring 965 square feet. The units are distributed across 11 two-story buildings. Each unit includes walk-in closets, coat closets, a pantry, washer/dryer connections, and a patio or balcony. The complex provides a pool, on-site laundry facilities, and a maintenance area. Ample open concrete parking is available. Situated on a 7.3-acre lot, the property is zoned Nac MF Multi-Family. The complex is centrally located and within walking distance (approximately 2 1/2 blocks) of Stephen F Austin State University, making it a potentially attractive location for students and faculty. Simpson Real Estate, LLC is currently the management company for the apartments.

Key Highlights

  • 78‑unit apartment complex offering a substantial investment opportunity.
  • Diverse tenant appeal with a mix of 1BR/1BA and 2BR/2BA units.
  • Located within walking distance (2.5 blocks) of Stephen F Austin State University.

Property Analytics

Current Use

Banita Creek Mgt., ... Property Management Company Ponderosa Pines Townhomes Apartment Building

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Dental Office Skin Care Clinic Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby

Demographics for 75965, TX

17,652
Population
8,786
Households
2
Avg Household Size
34
Median Age
44%
College-Educated
94%
High-School Grad
77.1 sq mi
ZIP Area
229
Density / Sq Mi
$52,640
Median Household Income
$26,400
Median Earnings
$899
Median Rent
$224,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 78-unit apartment complex near Stephen F Austin State University.
Where is this apartment building located?
The property is located at 327 W College Nacogdoches, TX.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 78‑unit apartment complex offering a substantial investment opportunity.; Diverse tenant appeal with a mix of 1BR/1BA and 2BR/2BA units.; Located within walking distance (2.5 blocks) of Stephen F Austin State University.
More about this property
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