708 Navidad St Bryan, TX 77801

This exceptional investment opportunity presents a 12-unit multifamily portfolio situated in Bryan, Texas, near Texas A&M University. The property comprises three two-story buildings totaling 9,600 square feet on a 0.49-acre lot, built in 1979 with various renovations throughout. The portfolio boasts a strong 9.28% cap rate and a substantial net operating income (NOI) of $176,283, reflecting a 100% occupancy rate. The 12 units are a mix of furnished and unfurnished spaces, catering to both short-term (minimum two-night stays) and mid-term (one to six-month) rentals, leveraging the high demand driven by the university. Seven units are fully furnished, equipped with amenities like kitchen appliances, TVs, and washer/dryers, while five units are unfurnished, offering flexibility for longer-term tenants. The property includes 16 parking spaces and two storage sheds that generate additional rental income. Its prime location, just 10 minutes from Texas A&M's main campus and on a school bus route, ensures consistent rental demand. The property's current management utilizes a hybrid short-term/mid-term rental strategy, including seasonal optimization and strategic pricing, which has proven highly successful. This stabilized investment offers significant income potential and strong appreciation prospects in a thriving Texas market. The asking price is $1,900,000, with a price per unit of $158,333.33. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a dynamic college town.