Waller Group Properties is proud to present this 16-unit multifamily property in College Station, TX. The property consists of four 4-plex buildings with eight 1BD-1BA units at 800 sf and eight 2BD-1BA units at 900 sf. These -oversized units offer tenants extended space at an affordable rate compared to the market. The current effective average of rental rates at the property is $0.78 per sf while the average of move-in rates and comparable properties in the area justifies a rate of $0.88 per sf. Increasing rents to this rate will realize an additional $17,500 in annual revenue. More info in Offering Memorandum in attachments.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
