For Sale
$2,150,000

1307 Alamo St Brenham, TX 77833

High-Yield Texas Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a portfolio of ten newly constructed duplexes in Brenham, Texas. Completed in late 2024 and early 2025, this Class A multifamily property boasts a total of 10,856 square feet across five buildings situated on approximately 4,800 to 6,000 square feet of land. The property features a mix of 2/2 and 3/2.5 unit layouts, strategically located in a central Brenham location. Currently, 40% occupancy translates to a strong net operating income (NOI) of $172,000, yielding an impressive 8% capitalization rate. The R-2 zoning allows for flexibility and future potential. With a projected gross annual income of $214,800, this portfolio offers a compelling return on investment in a market with limited new construction rental inventory. The property's five pads provide ample space and parking. This stabilized investment is ideal for those seeking immediate cash flow and long-term appreciation in a thriving Texas market. The asking price is $2,150,000.

Highlights

  • 8% stabilized cap rate.
  • Newly constructed Class A multifamily property.
  • Mix of 2/2 and 3/2.5 units.
  • Central Brenham location with limited new construction inventory.

Property Details for 1307 Alamo St

Property type
Residential income homes
Square Feet
10,856 SF
Class
A
Year Built
2025
Buildings
5
Stories
2
Units
10

Location Insight

City
Brenham
County
Washington
State
Texas
Latitude
30.169172759486
Longitude
-96.385974565491

FAQs

What type of property is this?
Residential income home - High-Yield Texas Investment Opportunity
Where is the residential income home located?
The property is located at 1307 Alamo St Brenham, TX.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 8% stabilized cap rate.; Newly constructed Class A multifamily property.; Mix of 2/2 and 3/2.5 units.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1307 Alamo St
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