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30-Unit Apartment Building
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701 Luther West Street, College Station, TX 77840

Student-oriented community with two-bedroom layouts, modern finishes, and proximity to Texas A&M University.

Property Size24,000 SF
Days on Market14

Property Features for 701 Luther West Street

General Information

Standard status Active
Size 24,000 SF
Property subtype Retail, Multifamily
Occupancy 100%
Investment Type Stabilized
Net Operating Income $296,885

Units

Unit Mix 30 x 2BR/2BA
Multifamily Units 30

Amenities

stainless steel appliances
granite counters
hardwood-style flooring

Building Details

Year Built 2009
Buildings 2
Units 30
Tenancy Multi
Listing Agency: Franklin Street
Listed By: Joel Dumes · License #SAL.2003013045
Source: Crexi
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 29 at 5:20PM

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 Franklin Street

Investment Insights

Based on property information with market context.

Quarters on Luther is a 24,000-square-foot apartment community comprising 30 units and 60 beds. Built in 2009, the property is configured with two-bed units offering bed-bath parity. Interior finishes include stainless steel appliances, granite countertops, and hardwood-style flooring.

Located at 701 Luther West Street in College Station, the community is positioned at Texas A&M University. The offering includes 100 percent fee-simple ownership, free and clear of debt. The units could be converted to individual condominium ownership and sold separately, an option identified in the property information.

Key Highlights

  • 30‑unit, 60‑bed apartment community
  • 24,000 square feet at 701 Luther West Street, College Station, TX 77840
  • Built in 2009 with two‑bed units and bed‑bath parity

Property Analytics

Current Use

Quarters On Luther Apartment Complex Sunny's Apartment Apartment Complex

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center Kitchen & Bath Showroom Real Estate Agency

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

30
Residential units

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby

Demographics for 77840, TX

55,180
Population
25,423
Households
2.2
Avg Household Size
25
Median Age
46%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
5,518
Density / Sq Mi
$31,278
Median Household Income
$14,521
Median Earnings
$1,085
Median Rent
$241,000
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 - Student-oriented community with two-bedroom layouts, modern finishes, and proximity to Texas A&M University.
Where is this apartment building located?
The property is located at 701 Luther West Street College Station, TX.
What are key features of this property?
This property features: 30‑unit, 60‑bed apartment community; 24,000 square feet at 701 Luther West Street, College Station, TX 77840; Built in 2009 with two‑bed units and bed‑bath parity
(513) 212-6335 Call to check price and availability
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