Description
$116,333 Annual NOI. 6.75% cap rate. This is a turn key investment close to campus that is fully leased through July 2026. Most of the units are renovated. There is on-site staff and maintenance who has been there for 10 years and can help do basic repairs around the property. He pays $825/month. Every other unit is leased at $1,200/month. Annual revenue is $168,300. Taxes: $17,266 Insurance all three buildings: $11,550 Maintenance/Upgrades: $23,150 (varies year to year) 100% occupancy. In-house management and maintenance. The property is close to Legend Event Center and only a 5 minute drive to the vet school. Seller is a licensed real estate agent.
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0.49ACRES
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01/2 BATHS
Description
$116,333 Annual NOI. 6.75% cap rate. This is a turn key investment close to campus that is fully leased through July 2026. Most of the units are renovated. There is on-site staff and maintenance who has been there for 10 years and can help do basic repairs around the property. He pays $825/month. Every other unit is leased at $1,200/month. Annual revenue is $168,300. Taxes: $17,266 Insurance all three buildings: $11,550 Maintenance/Upgrades: $23,150 (varies year to year) 100% occupancy. In-house management and maintenance. The property is close to Legend Event Center and only a 5 minute drive to the vet school. Seller is a licensed real estate agent.
© 2026 Bryan-College Station Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 20/20. Data last updated 2026-01-17T17:33:43.923.
Listing information © 2026 Bryan-College Station Regional Multiple Listing Service. Listing provided courtesy of Chase Robinson of Jerman Realty Inc: (254) 721-7045.