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    1409 College Ave Bryan, TX 77801

    For Sale
    $1,350,000

    13-Unit Student Housing Investment

    Property size:
    10,032 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional multifamily investment opportunity in Bryan, Texas, consists of thirteen units spread across seven single-family buildings totaling 10,032 square feet. Located at 1409 S. College Ave and 106 Hardy, this portfolio presents a compelling opportunity for passive income generation. The property boasts a strong history of high occupancy rates, reflecting the consistently high demand in the growing Bryan-College Station market. Significant capital improvements have been made since 2021, including complete roof replacements in July 2021 across all buildings. Most HVAC units have been replaced between 2021 and the present, ensuring efficient and reliable climate control. Furthermore, a substantial investment has been made in upgrading appliances, water heaters, garbage disposals, and flooring as needed, addressing all deferred maintenance issues. This proactive approach to maintenance ensures long-term value and minimizes future capital expenditures. The property's excellent historical maintenance record, combined with the robust rental market, positions this portfolio for continued strong performance and future rent growth. This is a turnkey investment ready for immediate cash flow. The asking price for this well-maintained and well-managed asset is $1,350,000. The property is situated in Brazos County, Texas, zip code 77801. All buildings are single-story structures.

    Property Features for 1409 College Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    10,032 SF

    Building Details

    Buildings
    7
    Stories
    1
    Units
    13

    HighLights

    • 13‑unit multifamily portfolio in Bryan, TX, totaling 10,032 square feet.
    • Located at 1409 S. College Ave & 106 Hardy, Brazos County, TX 77801.
    • Seven single‑story buildings with strong occupancy history and high demand.
    • Significant capital improvements since 2021, including new roofs (July 2021), HVAC units, appliances, and flooring.
    • Turnkey investment with immediate cash flow potential; asking price $1,350,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -96.370127258319
    Latitude
    30.656344264999

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    FAQs

    What type of property is this?
    Multifamily property - 13-Unit Student Housing Investment
    Where is this multifamily property located?
    The property is located at 1409 College Ave Bryan, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 13-unit multifamily portfolio in Bryan, TX, totaling 10,032 square feet.; Located at 1409 S. College Ave & 106 Hardy, Brazos County, TX 77801.; Seven single-story buildings with strong occupancy history and high demand.
    Request Owner's contact information
    1409 College Ave Bryan, TX 77801
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    Bryan, TX 77801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1409 College Ave Bryan, TX 77801
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