806 Oran Cir Bryan, TX 77801
- Commercial real estate
- 5,988 SF
Current Use by Public Records
- Commercial real estate
Property Details for 806 Oran Cir
- Year built
- 1977
- Property size
- 5,988 SF
- Property type
- Commercial real estate
Description
This exceptional 8-unit apartment building presents a compelling value-add investment opportunity in Bryan, Texas. Located just blocks from Texas A&M University and Northgate, this property boasts a prime location with high rental demand. The complex comprises two buildings, each housing four 2-bedroom, 1-bathroom units, totaling 5,988 square feet on a 12,497 square foot lot. Built in 1977, the property currently enjoys 100% occupancy, generating significant income. Each unit features individual utility metering, simplifying management. The owner currently covers lawn care and pest control, minimizing operational expenses. The property's proximity to Texas A&M University and the convenient location near the Route 15 Old Army bus stop (3 blocks away) ensures consistent tenant occupancy. The asking price is $800,000, or $100,000 per unit, representing a price per square foot of $133.60. This presents a strong return on investment with significant potential for future value appreciation through strategic renovations or upgrades. The property's current condition and high occupancy rate make it an attractive investment for both seasoned and new investors seeking a stable and profitable multifamily asset in a thriving college town. The address is 806 Oran Cir, Bryan, TX 77801.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bryan
- County
- Brazos
- State
- Texas
- Longitude
- -96.3528337
- Latitude
- 30.6215762
