1305 Villa Maria Rd Bryan, TX 77801

Property Details for 1305 Villa Maria Rd

Year built

1983

Lot size

2.61 lot acres

Property type

Dormitories

Property subtype

Student housing

Description

This exceptional 20-unit multifamily property, known as Oaks of Villa Maria, presents a compelling investment opportunity in Bryan, Texas. Located just five minutes from Texas A&M University, this property comprises 22,336 square feet across two buildings, each two stories high, situated on a 2.61-acre lot. The property consists of a mix of unit sizes: four 1-bedroom/1-bathroom, six 1-bedroom/1.5-bathroom, six 2-bedroom/2-bathroom, and four 2-bedroom/2.5-bathroom units, all featuring private garages. Built in 1983, the property is zoned MF and offers significant value-add potential. Four units have recently undergone complete renovations, boasting modern finishes including vinyl flooring, granite countertops, and updated fixtures. Many units are currently vacant, providing flexibility for new ownership to implement upgrades or alternative rental strategies such as short-term rentals (comparable units earn $150-$300/night). The property's location near Texas A&M University ensures high demand from students and professionals. The Bryan/College Station multifamily market shows strong performance, with 7.9% average annual rent growth over the past three years and 95% occupancy rates. A significant enrollment increase at Texas A&M further strengthens the market outlook. The opportunity exists to purchase eight additional units to gain complete control of the homeowner's association. This property is ideally suited for investors seeking strong returns in a high-demand market.