| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Fair |
| Demographics | 50th | Fair |
| Amenities | 56th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2000 Kazmeier Plz, Bryan, TX, 77802, US |
| Region / Metro | Bryan |
| Year of Construction | 1976 |
| Units | 48 |
| Transaction Date | 2006-08-16 |
| Transaction Price | $985,000 |
| Buyer | ROWE VERNON J |
| Seller | IB PROPERTY HOLDINGS LLC |
2000 Kazmeier Plz Bryan TX Multifamily Opportunity
Neighborhood occupancy is in the top quartile among 93 College Station–Bryan metro neighborhoods, signaling steady renter demand and leasing stability, according to WDSuite’s CRE market data. With a renter-occupied presence and everyday amenities nearby, the submarket supports durable cash flow potential with measured upside.
This Inner Suburb location ranks in the top quartile among 93 College Station–Bryan neighborhoods overall (A- rating), a signal that local livability and demand drivers are competitive for workforce-oriented multifamily. Neighborhood occupancy is also top quartile in the metro, supporting day-one stability for operators focused on consistent collections and retention.
Amenity access is a core strength: grocery density ranks near the top of the metro, with restaurants and cafes also scoring well relative to peers. These conveniences help underpin leasing velocity and everyday renter satisfaction. School quality averages around 3.0 out of 5 and ranks favorably within the metro, which can support broader household appeal compared with older stock pockets.
Tenure data points to a meaningful renter base: neighborhood figures indicate roughly half of housing units are renter-occupied, and within a 3-mile radius the renter concentration is even higher. For investors, this translates to a deeper tenant pool and generally resilient absorption across economic cycles.
3-mile demographics show recent population and household growth with further expansion projected over the next five years, alongside a forecast shift toward smaller household sizes. This combination typically increases demand for rental housing and supports occupancy stability for efficiently sized units. Median home values sit below many high-cost markets, which can introduce some competition from entry-level ownership; however, rent-to-income metrics around the neighborhood indicate manageable affordability pressure, aiding lease retention and renewal strategies.
Counterpoints to note include minimal park and pharmacy presence in the immediate neighborhood compared with metro peers. While not deal-breakers, these gaps can modestly affect certain resident preferences and should be considered in marketing and amenity programming.
Safety indicators sit around the national middle overall, with some measures below national medians but trending in a positive direction. Within the College Station–Bryan metro, the neighborhood’s crime rank falls near the middle of 93 neighborhoods, indicating neither an outlier risk nor a top-performing safety profile.
Importantly, recent year-over-year trends show notable improvement: property offenses declined sharply and violent offense rates also eased. For investors, these movements suggest conditions have been improving, though prudent underwriting should still benchmark security measures and operating practices to metro norms rather than assume continued gains.
Built in 1976, the asset is slightly older than the neighborhood average vintage, which points to practical value-add and capital planning opportunities around interiors, systems, and curb appeal. Neighborhood fundamentals are supportive: occupancy ranks in the top quartile among 93 metro neighborhoods and tenure patterns indicate a sizable renter base, helping sustain a stable tenant pipeline. According to commercial real estate analysis from WDSuite, rents and rent-to-income ratios in the area suggest manageable affordability pressure, which can aid retention while leaving room for targeted upgrades.
Amenity access is a relative strength—grocery, dining, and cafes rank well within the metro—while the broader 3-mile area shows population and household growth with projections for continued expansion and smaller household sizes, all supportive of multifamily demand. Offsetting considerations include mixed-but-improving safety metrics, limited park/pharmacy access in the immediate neighborhood, and income levels that may temper top-end pricing, reinforcing the case for thoughtful renovations calibrated to workforce demand.
- Top-quartile neighborhood occupancy supports leasing stability versus metro peers
- 1976 vintage offers clear value-add potential through targeted upgrades
- Strong amenity access (grocery, dining, cafes) underpins renter appeal
- 3-mile growth and smaller household sizes reinforce multifamily demand
- Risks: mixed-but-improving safety, limited parks/pharmacies, income-driven rent ceilings