Multifamily Property with In-Unit
New
For Sale
$2,999,999
4400 Carter Creek Parkway, Bryan, TX 77802
Central air, ceiling fans, natural gas service, and washer-dryer appliances are listed among the interior features.
Property Size25,534 SF
Days on Market2
Property Features for 4400 Carter Creek Parkway
General Information
Standard status
Active
Size
25,534 SF
Property subtype
Residential Income
Amenities
Central Air, Ceiling Fan(s), Electric
Natural Gas, Central
Dryer, Washer
Building Details
Building Size
25,534 SF
Year Built
1987
Listing Agency:
Maroon & White Property Mgmt
Listed By:
Ardi Kiani · License #0581316
(979) 422-5660
Source:
Evrealestate
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 2:24AM
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 Maroon & White Property Mgmt
Investment Insights
Based on property information with market context.
Located at 4400 Carter Creek Parkway in Bryan, this multifamily property was built in 1987. Interior features include central air conditioning and ceiling fans, along with natural gas service and central heating. Washer and dryer appliances are also included in the listed features.
Key Highlights
- Built in 1987
- Central air conditioning and ceiling fans
- Natural gas service and central heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$244,950
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,899,000
$4.9M
Cap Rate 7%
$3,499,286
$3.5M
Cap Rate 9%
$2,721,667
$2.7M
Market Conditions
NOI Build-Up for 25,534 SF
Gross rent
$468.8K $18.36/SF
− Vacancy
−$23.4K −$0.92/SF
EGI
$445.4K $17.44/SF
− OpEx
−$200.4K −$7.85/SF
NOI
$245.0K $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%
$4,899,000
Cap Rate 7%
$3,499,286
Cap Rate 9%
$2,721,667
Alternative Uses
Best Use
Apartment 5plus
$3.50M
$3.06M – $4.08M
NOI $244,950 @ 7.0% cap · market cap 8.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.29M
$5.50M – $7.34M
NOI $440,124 @ 7.0% cap · market cap 14.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Explore this area
Business Placement
Demographics for 77802, TX
25,502
Population
12,189
Households
2.1
Avg Household Size
37
Median Age
42%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,218
Density / Sq Mi
$68,132
Median Household Income
$43,920
Median Earnings
$1,272
Median Rent
$237,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Central air, ceiling fans, natural gas service, and washer-dryer appliances are listed among the interior features.
Where is this multifamily property located?
The property is located at 4400 Carter Creek Parkway Bryan, TX.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Built in 1987; Central air conditioning and ceiling fans; Natural gas service and central heating
