| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 35th | Poor |
| Demographics | 14th | Poor |
| Amenities | 72nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 111 Koenig St, Bryan, TX, 77801, US |
| Region / Metro | Bryan |
| Year of Construction | 1980 |
| Units | 37 |
| Transaction Date | 2016-07-29 |
| Transaction Price | $571,300 |
| Buyer | SULTANI PROPERTIES LLC |
| Seller | ROCK IT PROPERTIES I LLC |
111 Koenig St, Bryan TX Multifamily Investment
Neighborhood renter concentration and everyday amenities point to durable leasing fundamentals, according to WDSuite’s CRE market data. Competitive positioning in Bryan supports steady demand while leaving room for operational improvements.
Located in Bryan’s Inner Suburb area of the College Station-Bryan metro, the neighborhood carries a B- rating and sits near the metro midpoint (rank 47 of 93). Daily-needs access is a relative strength: grocery options are competitive among College Station-Bryan neighborhoods (rank 3 of 93) and test in the 91st percentile nationally, with restaurants and cafes also scoring well by national percentile. Parks access trends strong too, aiding livability and resident retention.
The housing stock skews slightly newer than the neighborhood average (property built 1980 versus a local average vintage of 1975), which can help competitiveness versus older inventory; however, investors should still plan for selective system upgrades and modernization to support rent positioning.
From a rental demand standpoint, the share of housing units that are renter-occupied is elevated at the neighborhood level (rank 16 of 93; high national percentile), indicating a deep tenant base that can support absorption and occupancy stability. Neighborhood occupancy has softened over the last five years but remains in the mid-80% range, suggesting management and leasing execution are important levers.
Within a 3-mile radius, demographics indicate a large 18–34 cohort and modest recent population growth, with households expanding and average household size shifting over time. Forward-looking projections show additional population and household growth alongside smaller households, which generally expands the renter pool and supports leasing velocity for well-managed assets. According to WDSuite’s commercial real estate analysis, rent levels in the area remain relatively accessible versus incomes, which can help mitigate turnover while still requiring thoughtful lease management to balance affordability pressure.
Trade-offs to monitor include limited pharmacy presence locally (low metro rank), and neighborhood-level incomes and home values that sit in lower national percentiles. In practice, more accessible ownership options can create some competition for renters at certain price points, so operators should emphasize value, convenience, and unit quality to sustain pricing power and retention.
Safety metrics trend around the metro median (crime rank near the middle among 93 neighborhoods). Compared with neighborhoods nationwide, the area sits below the national median for safety, so underwriting should account for prudent security and resident-experience measures.
A notable positive is momentum: neighborhood property offense rates improved meaningfully year over year, placing that improvement measure in a stronger national percentile. This directional trend can support perception and leasing stability if sustained, but investors should continue to monitor local data and maintain proactive on-site practices.
Regional employment centers across the College Station-Bryan metro support workforce housing demand and commute convenience for residents near 111 Koenig St. Verifiable nearby employer names with distances are not available in this dataset.
This 37-unit 1980-vintage asset benefits from an amenity-rich Inner Suburb location with strong grocery, dining, and park access, plus a renter-occupied housing share that indicates a deep tenant base. Neighborhood occupancy sits in the mid-80% range and has softened, but demand depth and favorable daily-needs access provide a foundation for stabilization through focused operations and targeted upgrades. Based on CRE market data from WDSuite, local rent levels relative to incomes suggest manageable affordability pressure, supporting retention when paired with disciplined lease management.
Vintage positioning slightly newer than the neighborhood average offers a cost-effective platform for value-add: modernization of interiors, systems, and curb appeal can enhance competitiveness versus older nearby stock. Demographic trends within a 3-mile radius point to continued population and household growth, with smaller household sizes expanding the renter pool—supporting occupancy stability for well-managed properties.
- Amenity access (groceries, dining, parks) competitive in metro; supports renter convenience and retention
- Elevated renter-occupied share at the neighborhood level indicates a deep tenant base for leasing
- 1980 vintage slightly newer than local average; targeted upgrades can unlock value-add upside
- 3-mile population and household growth with smaller households expands the renter pool
- Risks: occupancy has softened and safety sits below national median; plan for strong on-site management and security