2000 Kazmeier Plz - Apartments CONDO FOR SALE


Bryan, TX 77802
$5,100,000 USD
979-595-3468
2000 Kazmeier Plz, Bryan, TX for Sale
$5,100,000 USD
Apartments CONDO - FOR SALE
1/23
null | Request Cap Rate

2000 Kazmeier Plz
Bryan, TX 77802


OVERVIEW

Introducing 48 Place community of condos... a multi-family property featuring 40 two-bedroom, one-bath units and 8 one-bedroom, one-bath units, ideally situated in the vibrant heart of Bryan, TX. This prime location offers easy access to entertainment, shopping, dining, and a convenient commute to Texas A&M University, making it a unique investment opportunity. Each unit is equipped with central heating and air conditioning, spacious layouts, and either a balcony or patio. Residents also benefit from tile flooring and an on-site laundry facility, as well as a community pool. Recent upgrades include ENERGY STAR qualified sliding glass doors and windows, new siding and exterior paint, new roofs in 2024, many new AC units, and renovations in half of the units. This well-maintained, many updates throughout the years of bringing this property producing higher rents. This income-generating property is an excellent addition to any investment portfolio. The owner temporarily took the property off the market to complete drainage repairs (see attached invoice), along with a commercial appraisal...The lower price compared to the appraisal is intended to encourage a closing before 2026.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

84%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

48 place

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

42,000 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,666 SF

ZONING

B03

APN/PARCEL ID

28278

ASK ABOUT THIS PROPERTY

Maurey BellBell PropertiesMore Info
979-595-3468

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Maurey BellBell PropertiesMore Info
979-595-3468

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