1409 College Ave Bryan, TX 77801

Property Details for 1409 College Ave

Property size

10,032 SF

Property type

Residential income homes

Property subtype

Dormitories

Description

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.