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Investment Highlights

  • ~$100 rent upside through interior renovations with manageable capital investment
  • Supported by major employers, healthcare, and Brownwood’s expanding retail base
  • Long-term stable ownership with strong occupancy history and minimal deferred maintenance

Executive Summary

Marcus & Millichap is pleased to present the exclusive listing of Camelot, a 124-unit apartment community located in Brownwood, Texas. The property offers a compelling value-add opportunity through interior renovations, with classic unit finishes supporting approximately $100 monthly rent premiums upon modernization. Camelot has been exceptionally well maintained during nearly a decade of stable ownership, resulting in strong occupancy performance, excellent physical condition, and minimal deferred maintenance. This operational history provides incoming ownership with a highly stable foundation and reduced near-term capital risk. Located near major Brownwood employers including Kohler, 3M, Superior Essex, Brownwood Regional Medical Center, and Howard Payne University, Camelot benefits from durable workforce housing demand and strong long-term market fundamentals in the heart of Texas.

Property Facts

Sale Type Investment
No. Units 124
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 8.79 AC
Building Size 145,917 SF
Average Occupancy 95%
No. Stories 2
Year Built 1973
Parking Ratio 0.86/1,000 SF
Zoning R-3

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Vinyl Flooring

Site Amenities

  • Picnic Area
  • Playground
  • Pool
  • Furnished Units Available
  • Grill
  • Planned Social Activities
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 43 - 353 - 1,173
1+1.5 4 - 905
2+1.5 60 - 850 - 1,205
3+2 13 - 1,066
3+2.5 4 - 1,505
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
25972
Land Assessment
$111,300
Improvements Assessment
$5,934,220
Total Assessment
$6,045,520
  • Listing ID: 41114464

  • Date on Market: 6/30/2026

  • Last Updated:

  • Address: 2001 Slayden St, Brownwood, TX 76801

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