| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 48th | Fair |
| Demographics | 52nd | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2300 Broadmoor Dr, Bryan, TX, 77802, US |
| Region / Metro | Bryan |
| Year of Construction | 1977 |
| Units | 112 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2300 Broadmoor Dr, Bryan TX Multifamily Opportunity
Positioned in an inner-suburb pocket of Bryan near strong daily-needs retail, this 112-unit asset targets steady renter demand even as neighborhood occupancy trends run softer. According to WDSuite’s CRE market data, the submarket’s amenity access and renter depth help support leasing durability for well-managed properties.
The property sits in an Inner Suburb neighborhood rated A and ranked 12 out of 93 within the College Station–Bryan metro, placing it in the top quartile among metro neighborhoods. Daily-needs access is a strength: grocery and pharmacy density ranks near the top of the metro and scores well nationally, while parks and restaurants are also abundant; cafés are less concentrated. School ratings are below average locally, which can influence unit mix performance and marketing strategy for family-oriented renters.
Rents in the surrounding neighborhood track around the national middle, and home values indicate a moderately priced ownership market for Texas. In investor terms, ownership costs do not fully undercut multifamily demand, and a rent-to-income profile near national norms suggests manageable affordability pressure that can aid retention and renewals with disciplined lease management.
Within a 3-mile radius, demographics show a large 18–34 cohort and a majority of housing units are renter-occupied, pointing to a broad tenant base for studios and smaller formats. Population and household counts are projected to rise over the next five years, expanding the renter pool and supporting occupancy stability for competitive assets. These dynamics align with themes seen in WDSuite’s multifamily property research across similar university-adjacent Texas metros.
Vintage matters: built in 1977, the asset is older than the neighborhood’s average construction year (1982). That age profile often requires targeted capital expenditures, but it also sets up clear value-add and modernization angles to improve competitive positioning versus newer stock. Notably, the neighborhood’s occupancy rate trends below the metro median and in the lower national tier, so execution—unit finishes, operations, and pricing discipline—will be key to outperform area averages.
Neighborhood safety reads mixed in comparative terms. Overall crime levels sit near the national middle, while violent offense metrics trend below national averages for safety. At the metro level, the neighborhood’s crime rank is around the middle of 93 College Station–Bryan neighborhoods, indicating performance that is competitive with several peers but not top-tier.
A constructive note: property offense rates have improved meaningfully year over year (approximately a 37% decline), placing that improvement in a higher national percentile. Violent offense trends have also improved on a year-over-year basis. For investors, this trajectory suggests monitoring is warranted, but recent directionality is favorable relative to prior periods.
This 112-unit asset combines a renter-weighted 3-mile trade area, strong daily-needs proximity, and a value-add vintage. Based on commercial real estate analysis from WDSuite, the neighborhood ranks in the metro’s top quartile for overall quality, yet posts below-median occupancy—an execution gap that capable operators can target with thoughtful renovations, focused marketing to the large 18–34 cohort, and disciplined revenue management.
Built in 1977, the property likely benefits from strategic upgrades to systems and interiors, which can reposition it against newer comparables without overcapitalizing. Household and population growth expectations within 3 miles point to a larger tenant base ahead; paired with a rent-to-income profile around national norms and ownership costs that remain supportive of renting, the asset has room to capture stable demand while balancing affordability and renewal risk. Key watch points include local school perception and neighborhood occupancy softness, both of which argue for conservative lease-up and expense planning.
- Renter-majority 3-mile trade area and projected growth support demand and occupancy stability.
- Amenity-rich location (grocery, pharmacy, parks, restaurants) underpins day-to-day convenience and retention.
- 1977 vintage presents clear value-add and modernization pathways to compete with newer stock.
- Risk: neighborhood occupancy trends are below metro median and schools rate lower—warranting conservative underwriting and active management.