| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Good |
| Demographics | 66th | Best |
| Amenities | 30th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2320 Jaguar Dr, Bryan, TX, 77807, US |
| Region / Metro | Bryan |
| Year of Construction | 1983 |
| Units | 28 |
| Transaction Date | 2010-11-19 |
| Transaction Price | $11,757,500 |
| Buyer | BRAZOS VALLEY AFFORDABLE HOUSING CORPORA |
| Seller | BRAZOS VALLEY COUNCIL OF GOVERNMENTS |
2320 Jaguar Dr, Bryan TX Multifamily Asset
Neighborhood renter demand is supported by a sizable 3-mile tenant base and mid-tier local occupancy, according to WDSuite’s CRE market data. The asset’s sub-1985 vintage points to potential value-add and capital planning opportunities to strengthen competitiveness.
Located in Bryan’s inner suburb near College Station-Bryan, the neighborhood is rated A- among 93 metro neighborhoods, indicating solid fundamentals relative to peers. Local occupancy for the neighborhood sits in the lower half of the metro distribution (ranked 54 of 93), so lease-up and renewal strategies matter, but the broader 3-mile area provides a deep renter pool that can help support stabilization.
Within a 3-mile radius, population has expanded in recent years with further growth projected, and households are expected to increase while average household size moderates. That combination typically broadens the tenant base and can support occupancy stability for workforce-oriented properties. Median contract rents at the neighborhood level trend mid-pack nationally, and a rent-to-income profile near the middle range suggests manageable affordability pressure; for investors, this points to measured pricing power with a focus on retention.
Amenity access is mixed: cafe density ranks 12 out of 93 locally and sits in the 75th percentile nationally, while parks and pharmacies are sparse in this immediate neighborhood. Grocery and restaurant access track near metro norms. School options are present but trend modest versus national benchmarks, which may inform positioning toward renters prioritizing value, commute convenience, or proximity to employment.
Home values in the neighborhood sit close to national mid-range levels. In practical terms, a more accessible ownership landscape can create some competition with for-sale options, but it also supports steady rental demand from households prioritizing flexibility. Based on commercial real estate analysis from WDSuite, the neighborhood’s renter-occupied share at the neighborhood level is lower than the 3-mile area’s higher renter concentration, so marketing to the wider catchment is important for leasing velocity.
Safety trends are mixed when viewed comparatively. The neighborhood’s composite crime position sits in the lower half of the metro (ranked 54 of 93), and national percentiles for both violent and property offenses track below the midpoint. However, year-over-year property offense rates show a meaningful improvement trend, ranking 11 of 93 locally and placing in a strong national percentile for improvement. For investors, the key takeaway is that recent momentum is favorable even if the starting point remains average to weaker versus national benchmarks.
As with any submarket-level assessment, conditions can vary by block and over time. Investors should pair these directional indicators with property-level measures such as lighting, access control, and resident engagement to support retention and leasing performance.
The property benefits from proximity to a diversified employment base across education, healthcare, public sector, and services within typical commuting distance, supporting renter demand and lease retention. Specific nearby employers and distances should be validated during diligence to align with target renter profiles.
Built in 1983, the 28-unit asset is older than the neighborhood’s average construction year, creating a clear path for value-add through interior refreshes and targeted systems upgrades. Neighborhood occupancy sits in the lower half of the metro, but the 3-mile radius shows sustained population growth and a large renter-occupied share, which can support tenant demand and help maintain leasing stability when paired with competitive finishes and management. According to CRE market data from WDSuite, neighborhood rents land near national mid-range and rent-to-income indicators suggest balanced affordability, pointing to measured pricing power with attention to resident retention.
Amenity access is serviceable—with strong cafe density and typical grocery/restaurant coverage—while limited parks and pharmacies and modest school ratings suggest positioning toward renters prioritizing value and commute convenience. Overall, the investment case centers on capturing value-add upside in an established inner-suburban location with a broad 3-mile renter pool, while actively managing leasing and asset-level improvements to offset mid-pack neighborhood occupancy.
- 1983 vintage offers value-add and CapEx planning opportunities to elevate competitiveness
- Broad 3-mile renter pool and projected household growth support demand and occupancy stability
- Mid-range rents and balanced rent-to-income profile indicate measured pricing power with focus on retention
- Amenity mix (strong cafes; typical grocery/restaurant access) supports livability positioning
- Risks: lower-half neighborhood occupancy, safety perceptions, and limited parks/pharmacies require proactive management