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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 Market960

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: Sep 5 Last Checked: Sep 8 at 12:06AM
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.

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

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.

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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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
More about this property
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