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501 Silkwood Dr
Bryan, TX 77803
Brazos Flats · Multifamily Property For Sale
·
76 Units
Investment Highlights
- Low-density duplex units on private road with spacious floorplans.
- Interior value-add potential: approximately 21 classic units remain to be upgraded.
- Below market rents: the comp set averages $0.43 PSF higher than the Property.
- Recently improved with nearly $1 million in improvements, including new roofs, exterior paint & landscaping.
- Excellent leasing momentum: the average rent for the last 10 leases is $145 above the rent roll average.
- Outstanding multifamily market fundamentals: Bryan/College Station averages 94% occupancy and 8.7% YOY rent growth.
Property Facts
| No. Units | 76 | Building Size | 106,400 SF |
| Property Type | Multifamily | Average Occupancy | 32% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Single-Family Home | Year Built | 1983 |
| Building Class | C |
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Building Size | 106,400 SF |
| Average Occupancy | 32% |
| No. Stories | 1 |
| Year Built | 1983 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
Site Amenities
- 24 Hour Access
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 76 | $1,255 | 1,400 |
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