713-337-5806
1000 E University Dr, College Station, TX for Sale
Apartments - FOR SALE
1/19
null | Request Cap Rate

1000 E University Dr
College Station, TX 77840


HIGHLIGHTS

  • Outstanding Agency Loan Assumption Opportunity
  • Attractive Going-In Yield
  • Well-Maintained Asset with Nearly $1.1M in Improvements Since 2020
  • Spacious Floor Plans with Value-Add Potential
  • Below Market Rents
  • Robust Multifamily Market Fundamentals

OVERVIEW

Well Maintained Asset | Loan Assumption | Value-Add Opportunity

FOR SALE DETAILS

PRICE

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# OF UNITS

67

CAP RATE

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% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cedar Creek Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

134

LAND DETAILS

LAND ACRES

4.23 AC

LAND SF

184,259 SF

ZONING

B1

APN/PARCEL ID

76384

ASK ABOUT THIS PROPERTY

Brad ShafferNewmarkMore Info
713-337-5806

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Brad ShafferNewmarkMore Info
713-337-5806

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.