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Multifamily Complex Near Texas A&M

806 Oran Cir Bryan, TX 77801

806 Oran Cir, Bryan, TX, 77801
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Eight-unit apartment complex near Northgate and Texas A&M University.

Property Size5,988 SF
Price / SF$133.60
AddedOct 13, 2022
Days on Market1371
Last RefreshJun 27 at 12:19 am

Property Features for 806 Oran Cir

General Information

Standard status
Active
Size
5,988 SF
Property subtype
Multifamily

Building Details

Year Built
1977

Listing office LKG Realty Advisors

Listing date Oct 13, 2022

Source Crexi

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 LKG Realty Advisors


Investment Insights

Based on property information with market context.

This is an eight-unit apartment complex located blocks from Northgate and Texas A&M University. Each of the eight units contains two bedrooms and one bathroom, with four units per building. Each unit is individually metered. The owner is responsible for lawn care and pest control. The property is located three blocks from the Texas A&M University bus stop for Route 15 Old Army at the corner of Spruce and College Main. The property has a size of 5988 square feet and presents potential for value add.

Key Highlights

  • Prime location: Blocks from Northgate and Texas A&M University.
  • Eight 2‑bed/1‑bath units: Ideal for student housing.
  • Individually metered units: Tenants pay their own utilities.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $109.9k $18.36
− Vacancy −$5.5k −$0.92
EGI $104.4k $17.44
− OpEx −$47.0k −$7.85
NOI $57.4k $9.59
5,988 SF · lease $18.36/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$820.6K
$718.0K – $957.4K (±1% cap)
NOI $57,443 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $103,214 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Catering Service Electrical Service Butcher Auto Parts Store Home Appliance Store Florist Bakery (Bike/Boat/Book/etc) Store Acupuncture

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

FAQs

What type of property is this?
Apartment building - Eight-unit apartment complex near Northgate and Texas A&M University.
Where is this apartment building located?
The property is located at 806 Oran Cir Bryan, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Prime location: Blocks from Northgate and Texas A&M University.; Eight 2‑bed/1‑bath units: Ideal for student housing.; Individually metered units: Tenants pay their own utilities.
Contact an agent
(979) 221-2929 Call to check price and availability
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