About Home value Tax history Market statistics Schools Neighborhood Places of interest

1602 S College Ave, Bryan, TX 77802

$2,009,000

Last sold 07/17/2018 for $6.3M

—
bed
—
bath

Condominium not for sale

About 1602 S College Ave

Property type Condominium

Neighborhood

Year built 1965

HOA fee $0/month

Lot size 2.2 Acre

Movoto estimate

Rental estimate

Property description

Stabilized income property package centrally located in the Bryan-College Station (MSA) with a hybridized tenant base including rental assistance, middle income, student, and family tenant base. The Midtown package is comprised of Midtown Manor, 64 Units, and Midtown Towers, 62 Units, for a total of 126 Units. The properties are located adjacent to one another at 1602 South College Ave, Bryan, TX and 200 Rebecca St, Bryan, TX. Midtown Manor has two remaining LURA terms with 34 units currently on housing. Also included in the sale is a .42 Acre Commercial tract currently used as an additional parking lot for Midtown Towers. 

 More information regarding LURA and rent rolls for the property available upon request and execution of confidentiality agreement.

*Properties NOT to be sold separately.

Listed by

Listing Agent - Chase Moore

Listing Office - Worth Commercial Real Est.

Source: Bryan-College Station Regional Multiple Listing Service, Inc

MLS#18002908 • last updated 5 years ago

Movoto checked Bryan-College Station Regional Multiple Listing Service, Inc for data 28 minutes ago

Overview
Heating	Central, Electric
MLS #	18002908
SubType	Apartment
Status	Closed
Lot Size (SqFt)	96000
Year Built	1965

Location
Subdivision	Zeno Phillips
Elementary School District	Bryan
Middle School District	Bryan
High School District	Bryan
APN	51049
Directions	Located On South College Ave At Rebecca St.

Multifamily Details

$2M

Range: $1.22M-$2.79M

Last 30 days

Rental est.: $838/month

• Gross rent multiplier: 627.0

Lower your payment with the loan terms that fit you.

Year Property taxes Tax assessment
2023
$51,575 -4.5%

$5,000,000
2021
$53,989 -16.0%

$5,000,000 +83.23%
2020
$64,305 +11.6%

$2,728,830
2019
$57,612 -1.5%

$2,728,830 +2.19%
2017
$58,508 +36.3%

$2,670,221 +12.04%
2014
$42,928

$2,383,246

1602 S College Ave
$6.3M
B08
—
77802
$354K +2% y/y
Bryan
$305K -7% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1326 Lyndhurst Dr, Bryan, TX 77802	$402,000	3/3	2,736	0.43
1318 Lyndhurst Dr, Bryan, TX 77802	$385,000	3/3	2,508	0.43
1324 Lyndhurst Dr, Bryan, TX 77802	$397,000	3/3	2,670	0.44
1316 Lyndhurst Dr, Bryan, TX 77802	$415,000	2/3	2,910	0.44
1322 Lyndhurst Dr, Bryan, TX 77802	$404,000	3/3	2,715	0.44
1320 Lyndhurst Dr, Bryan, TX 77802	$426,000	3/3	2,948	0.44
1314 Brook Hollow Dr, Bryan, TX 77802	$651,000	4/2	4,122	0.45
1312 Brook Hollow Dr, Bryan, TX 77802	$450,000	3/3	3,204	0.46

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.