Waller Group Properties is proud to present this 16-unit multifamily property in College Station, TX. The property consists of four 4-plex buildings with eight 1BD-1BA units at 800 sf and eight 2BD-1BA units at 900 sf. These -oversized units offer tenants extended space at an affordable rate compared to the market. The current effective average of rental rates at the property is $0.78 per sf while the average of move-in rates and comparable properties in the area justifies a rate of $0.88 per sf. Increasing rents to this rate will realize an additional $17,500 in annual revenue. More info in Offering Memorandum in attachments.
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Listing information last updated on October 24th, 2020 at 10:02am CDT.