Multifamily Property with On-Site
New
For Sale
$1,625,000
705/707 Turner Street, College Station, TX 77840
Completed in 2025, the property has central air and kitchen and laundry appliances.
Property Size5,462 SF
Days on Market6
Property Features for 705/707 Turner Street
General Information
Standard status
Active
Size
5,462 SF
Total Parking Spaces
14
Property subtype
Residential Income
Site & Location
Neighborhood
College Hills
Amenities
Central Air, Ceiling Fan(s), Electric
Central, Electric
Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Electric Water Heater, Washer
On Site, Paved
Building Details
Building Size
5,462 SF
Year Built
2025
Listing Agency:
RE/MAX 20/20
Listed By:
Cori Becka
(915) 307-0276
Source:
Evrealestate
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 3 at 5:36AM
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 RE/MAX 20/20
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Investment Insights
Based on property information with market context.
Located at 705/707 Turner Street in College Station, this multifamily property was built in 2025. Interior features include central air and ceiling fans, along with a kitchen equipped with a dishwasher, electric range, disposal, microwave, and refrigerator. A washer, dryer, and electric water heater are also included.
The property offers on-site paved parking.
The property offers on-site paved parking.
Key Highlights
- Built in 2025
- On‑site paved parking
- Central air and ceiling fans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,398
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,960
$1.0M
Cap Rate 7%
$748,543
$748.5K
Cap Rate 9%
$582,200
$582.2K
Market Conditions
NOI Build-Up for 5,462 SF
Gross rent
$100.3K $18.36/SF
− Vacancy
−$5.0K −$0.92/SF
EGI
$95.3K $17.44/SF
− OpEx
−$42.9K −$7.85/SF
NOI
$52.4K $9.59/SF
Area
College Station, 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%
$1,047,960
Cap Rate 7%
$748,543
Cap Rate 9%
$582,200
Alternative Uses
Best Use
Apartment 5plus
$748.5K
$655.0K – $873.3K
NOI $52,398 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M
NOI $94,147 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Completed in 2025, the property has central air and kitchen and laundry appliances.
Where is this multifamily property located?
The property is located at 705/707 Turner Street College Station, TX.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Built in 2025; On‑site paved parking; Central air and ceiling fans
