706 Navidad Street

Bryan, TX 77801
$1,900,000
9600 sqft | 0.49 acres | #5139407

Description

The Navidad properties are located ~10 minutes from the main campus of Texas A&M University and are located on the school bus route. Hybrid short-term/mid-term incoming producing property. Mid-term leases of 1-6 months from all over the world who come to the campus for research and engineering projects. There is a referral department at the University that also refers clients to the property. The lucrative seasonal sports rentals are a primary source of increased income-producing activity for Aggie home game weeks from September to November. There are two storage sheds behind the buildings that are rented for $45/month. 12 Spacious Units: Each has two bedrooms and one bath. There are three fourplexes. 7 Units Are Furnished: Furnished units include everything a typical short-term guest would need to be comfortable - including kitchen, TVs, washer/dryer, bedroom sets, etc. 5 Units are Unfurnished: Unfurnished units are designed as mid-term spaces where tenants pay dynamic market rents. Units are generally rented for 1-5 months each. Strong Rental Demand: Prime location near Texas A&M University ensures consistent demand for short and mid-term rentals.Solid Income Potential: Proven track record of stable rental income and potential for appreciation. Well-Maintained Property: Regular upkeep and maintenance to maximize property value. Don't miss this chance to own a profitable investment property in one of Texas's most dynamic cities. Contact us today to schedule a tour!
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  • Property Details
      • Interior:Recessed Lighting
      • Lot description:Moderate Trees
      • Exterior materials:Lighting, Uncovered Courtyard
      • Acres:0.4931
      • Square Feet:9600
      • Property type:Multi-Family
      • Year built:1979
      • Foundation:Slab
      • Utility source:Public
      • Utility features:Electricity Available, Electricity Connected, Sewer Connected, Sewer Not Available
      • Subdivision:Villa West Phase I
      • School district:Bryan Isd
      • Elementary School:Outside School District
      • Middle School:Outside School District
      • High School:Outside School District
      • County:Brazos
      • Original List Price:$1, 900, 000
      • Days on Market (Cumulative):32
      • Taxes annual:$15, 573
      • Pets:1
      • MLS #:5139407
      • Cost:1900000
      • Property subtype:Quadruplex
      • MLS #:5139407
      • Property condition:Resale

Location

Courtney WilleyReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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