2001 Slayden St, Brownwood, TX for Sale
Apartments - FOR SALE
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2001 Slayden St
Brownwood, TX 76801


HIGHLIGHTS

  • ~$100 rent upside through interior renovations with manageable capital investment
  • Long-term stable ownership with strong occupancy history and minimal deferred maintenance
  • Supported by major employers, healthcare, and Brownwood’s expanding retail base

OVERVIEW

Marcus & Millichap is pleased to present the exclusive listing of Camelot, a 124-unit apartment community located in Brownwood, Texas. The property offers a compelling value-add opportunity through interior renovations, with classic unit finishes supporting approximately $100 monthly rent premiums upon modernization. Camelot has been exceptionally well maintained during nearly a decade of stable ownership, resulting in strong occupancy performance, excellent physical condition, and minimal deferred maintenance. This operational history provides incoming ownership with a highly stable foundation and reduced near-term capital risk. Located near major Brownwood employers including Kohler, 3M, Superior Essex, Brownwood Regional Medical Center, and Howard Payne University, Camelot benefits from durable workforce housing demand and strong long-term market fundamentals in the heart of Texas.

FOR SALE DETAILS

PRICE

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# OF UNITS

124

CAP RATE

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% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Camelot Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

140

LAND DETAILS

LAND ACRES

8.79 AC

LAND SF

383,023 SF

ZONING

R-3

APN/PARCEL ID

25972

ASK ABOUT THIS PROPERTY

Mark McCoyMarcus & MillichapMore Info

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Mark McCoyMarcus & MillichapMore Info

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