309 Mesa Dr - Apartments FOR SALE


Bryan, TX 77802
$2,000,000 USD
940-231-5247
309 Mesa Dr, Bryan, TX for Sale
$2,000,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

309 Mesa Dr
Bryan, TX 77802


HIGHLIGHTS

  • 20 Units + 2 Duplexes
  • 2.52 Acres of Undeveloped Land
  • 1.1 Miles from Blinn College Campus
  • Frontage on Mesa Drive

OVERVIEW

Mesa Verde Campus Homes presents a rare opportunity to acquire a value-add, garden-style multifamily property in the heart of Bryan, TX, just minutes from Texas A&M and the expanding Blinn College campus. The offering includes 24 spacious units with below-market rents and a strong value-add profile, plus 2.52 acres of adjacent undeveloped land, providing exceptional upside potential through future development, expansion, or resale. This property is ideal for investors seeking both current income and long-term growth. Multiple demand drivers include student housing needs, local workforce expansion, and institutional investment in higher education nearby. This commercial property is valued at $2,000,000, with $1,800,000 attributed to the building and $200,000 to the land, reflecting its strong structural value and desirable location.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

24

PRICE/UNIT

$83,333

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mesa Verde Campus Homes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,619 SF

ZONING

SF

APN/PARCEL ID

41573,41574,41575,41576,41577,41578

ASK ABOUT THIS PROPERTY

Adam LindbergMRG Realty PartnersMore Info
940-231-5247

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Adam LindbergMRG Realty PartnersMore Info
940-231-5247

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