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Bryan 4-Pack

4 Residential Properties in Bryan, TX

Investment Highlights

  • Opportunity to Acquire Immediate Asset Diversification & Scale in the Market
  • Midtown Manor had a LURA affecting 48 units which expired 1/1/24; upside opportunity in renting those units at market rate as tenants turnover.
  • Significant Upside Achievable Through Interior Value-Add and Increasing Operational Efficiencies
  • Below Market Rents Present Massive Mark to Market Potential
  • Central Office to Operate From as well as Attractive Amenities Across the Portfolio: Three Pools, Abundant W/D Connections, Desirable Unit Mixes, High
  • All Properties are in Bryan which has Experienced Consistently Stable Market Occupancy & Strong Rent Growth

Executive Summary

Newmark has been exclusively retained to represent the Seller in the disposition of the Bryan Portfolio (Offering, Portfolio, Properties). All inquiries about the Property should be directed to Newmark.The Portfolio is being offered on an “All Cash” basis to qualified purchasers. Prospective purchasers will have the opportunity to visit the Portfolio through scheduled tours with Newmark. Please do not contact the on-site management directly.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual $99,999
Vacancy Loss
Annual $99,999
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 177,758 SF
Total Land Area 6.60 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Midtown Towers
1602 S College Ave, Bryan, TX 77801
Residential 49,600 SF 1965 -
The 603
603 E 29th St, Bryan, TX 77803
Residential 28,814 SF 1969 -
Midtown Manor Apartments
200 Rebecca St, Bryan, TX 77801
Residential 73,344 SF 1965 -
The Arbors on 31st
500 E 31st St, Bryan, TX 77803
Residential 26,000 SF 1975 -
Show More > < Show Less
  • Listing ID: 33058073

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: Bryan 4-Pack, Bryan, TX

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