| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Best |
| Demographics | 17th | Poor |
| Amenities | 54th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3130 E Villa Maria Rd, Bryan, TX, 77803, US |
| Region / Metro | Bryan |
| Year of Construction | 1982 |
| Units | 90 |
| Transaction Date | 2019-03-28 |
| Transaction Price | $6,288,800 |
| Buyer | VTP WOOD TRAIL LLC |
| Seller | BH ALLENDALE LP |
3130 E Villa Maria Rd Bryan Multifamily Investment
Neighborhood fundamentals point to steady renter demand and occupancy around 94%, according to WDSuite's CRE market data. With a manageable unit mix near daily amenities in Bryan-College Station, the asset can appeal to workforce renters.
The property is in an Inner Suburb area of Bryan with a neighborhood rating of B, offering practical access to daily needs. Grocery and park access rank in the top quartile among 93 metro neighborhoods, while restaurant density is competitive among College Station-Bryan neighborhoods. This convenience supports day-to-day livability and can aid leasing and retention.
Neighborhood occupancy is approximately 94%, signaling stable absorption for comparable product types. Median contract rents in the area remain modest relative to larger Texas metros, which helps sustain a broad renter pool; however, the rent-to-income ratio indicates some affordability pressure, suggesting a focus on renewal strategies and measured rent setting.
Renter-occupied housing accounts for roughly 36.8% of neighborhood units, indicating a meaningful but not dominant renter concentration that can support multifamily demand without oversaturation. Within a 3-mile radius, household counts have been broadly stable and are projected to increase, pointing to a larger tenant base and support for occupancy stability over the medium term.
The building's 1982 vintage is older than the neighborhood's average year built (1993), which suggests near- to medium-term capital planning and potential value-add upside through unit modernization and systems updates. Relative to national benchmarks, neighborhood housing and amenity metrics sit around the middle to above-median range, aligning with a workforce housing profile rather than luxury positioning.
Safety trends are competitive among College Station-Bryan neighborhoods (ranked 34 out of 93 in the metro), and current conditions sit near the national median. Recent year-over-year declines in both property and violent offense rates are constructive for operational consistency and resident retention.
Conditions can vary by block and over time, so prudent underwriting should stress test for fluctuations while acknowledging the improving trend.
The Bryan-College Station economy provides a broad employment base that supports commuter convenience and renter demand; however, specific nearby employer distances are not available in this dataset.
This 90-unit, 1982-vintage asset in Bryan-College Station offers a workforce-oriented profile with neighborhood occupancy around 94% and daily-needs amenities in the top tier of the metro. The older vintage points to targeted value-add potential through interior updates and building systems, while the surrounding renter base provides depth for leasing. Based on CRE market data from WDSuite, neighborhood rents remain approachable compared with larger Texas metros, supporting demand even as affordability pressure warrants careful lease management.
Within a 3-mile radius, households are expected to expand over the next several years, indicating a larger tenant base and support for occupancy stability. Ownership costs appear relatively high compared with local incomes, which can reinforce reliance on rental housing; at the same time, a higher rent-to-income ratio argues for measured rent growth assumptions and asset-specific value creation through renovations and operations.
- Steady neighborhood occupancy and commuter-friendly location support leasing stability.
- 1982 vintage presents value-add and capex-driven upside through modernization.
- Amenities and daily services rank strong within the metro, aiding retention.
- Expanding household base within 3 miles points to a larger tenant pool over time.
- Risk: rent-to-income pressure requires disciplined pricing and focused renewal strategy.