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78-Unit Apartment Complex
For Sale
$6,000,000

327 W College, Nacogdoches, TX 75965

Commercial Sale, Nacogdoches, TX

Property SizeContact for details
Lot Size7.30 Acres
Days on Market1012

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
Lot size 7.30 Acres

Amenities

walk-in closets
coat closets
pantry
washer/dryer connections
patio/balcony
pool
on-site laundry
maintenance area

Building Details

Year built 1986
Listing Agency: SIMPSON REAL ESTATE
Listed By: Bryan Davis
Added: Jan 22, 2024 Changed: Oct 20 Last Checked: Oct 30 at 10:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

Banita Creek Apartments is a 78-unit multifamily property comprising 11 two-story buildings constructed in 1986. The unit mix includes 54 one-bedroom, one-bath apartments measuring 698 square feet each and 24 two-bedroom, two-bath apartments measuring 965 square feet each. Individual units include walk-in and coat closets, pantries, washer and dryer connections, and a patio or balcony. The property also features a swimming pool, on-site laundry, a maintenance area, and open concrete parking.

The complex occupies 7.3 acres at 327 W College in Nacogdoches and is zoned Nac MF Multi-Family. Stephen F Austin State University is within a two-and-a-half-block walk. Simpson Real Estate, LLC currently manages the apartments.

Key Highlights

  • 78 units across 11 two‑story buildings
  • 54 one‑bedroom, one‑bath units at 698 SF each
  • 24 two‑bedroom, two‑bath units at 965 SF each

Property Analytics

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Lease Details

78
Residential units

Location Intelligence

Trade Area within ½ mile

508
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with a pool, on-site laundry, resident amenities, and open concrete parking.
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 units across 11 two‑story buildings; 54 one‑bedroom, one‑bath units at 698 SF each; 24 two‑bedroom, two‑bath units at 965 SF each
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