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1307 Alamo St Brenham, TX 77833

For Sale
$2,150,000

High-Yield Texas Investment Opportunity

Property size:
10,856 SF

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional investment opportunity presents a portfolio of ten newly constructed duplexes in Brenham, Texas. Completed in late 2024 and early 2025, this Class A multifamily property boasts a total of 10,856 square feet across five buildings situated on approximately 4,800 to 6,000 square feet of land. The property features a mix of 2/2 and 3/2.5 unit layouts, strategically located in a central Brenham location. Currently, 40% occupancy translates to a strong net operating income (NOI) of $172,000, yielding an impressive 8% capitalization rate. The R-2 zoning allows for flexibility and future potential. With a projected gross annual income of $214,800, this portfolio offers a compelling return on investment in a market with limited new construction rental inventory. The property's five pads provide ample space and parking. This stabilized investment is ideal for those seeking immediate cash flow and long-term appreciation in a thriving Texas market. The asking price is $2,150,000.

Property Features for 1307 Alamo St

General Information

Property type
Multifamily properties
Square Feet
10,856 SF
Class
A

Building Details

Year Built
2025
Buildings
5
Stories
2
Units
10

HighLights

  • 8% stabilized cap rate.
  • Newly constructed Class A multifamily property.
  • Mix of 2/2 and 3/2.5 units.
  • Central Brenham location with limited new construction inventory.
Property Profile 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 Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Brenham
County
Washington
State
Texas
Longitude
-96.385974565491
Latitude
30.169172759486

FAQs

What type of property is this?
Multifamily property - High-Yield Texas Investment Opportunity
Where is this multifamily property located?
The property is located at 1307 Alamo St Brenham, TX.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 8% stabilized cap rate.; Newly constructed Class A multifamily property.; Mix of 2/2 and 3/2.5 units.
More about this property
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