| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Fair |
| Demographics | 48th | Fair |
| Amenities | 14th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3500 Finfeather Rd, Bryan, TX, 77801, US |
| Region / Metro | Bryan |
| Year of Construction | 1977 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3500 Finfeather Rd Bryan 48-Unit Multifamily Value-Add
Neighborhood occupancy near the mid-90s and an exceptionally high renter-occupied share point to a deep tenant base, according to WDSuite s CRE market data. With stable renter demand in an Inner Suburb location, the asset s performance hinges on operations and targeted upgrades rather than lease-up risk.
Demand fundamentals are steady at the neighborhood level: the area s occupancy rate of 92.6% is competitive among College Station-Bryan neighborhoods (34 of 93) and sits modestly above the national median (57th percentile), signaling support for leasing stability. The share of housing units that are renter-occupied is 86.9% (3 of 93), indicating a deep renter pool that can support absorption and renewals.
Amenity access is mixed. Grocery coverage is top quartile in the metro (13 of 93) and strong nationally (82nd percentile), while cafes, restaurants, parks, and pharmacies are sparse locally. For multifamily operators, this skews the submarket toward value-conscious and workforce renters, with car-reliant living patterns.
Within a 3-mile radius, population grew about 4% over the past five years and households increased roughly 3%, supporting a larger tenant base. Projections to 2028 indicate further renter pool expansion with notable population growth and a sharp increase in household count, alongside smaller average household sizes which typically benefits 1 1-bedroom product.
Affordability supports retention: the neighborhood s rent-to-income ratio is 0.24, and 3-mile median contract rents have risen meaningfully with additional growth forecasted, reinforcing pricing power if paired with proactive lease management and expense control informed by commercial real estate analysis.
Safety indicators are mixed in relative terms. Overall crime sits around the national midpoint (52nd percentile), while violent offense rates trend below the national median for safety (21st percentile). These figures should be interpreted at the neighborhood level and not as block-level conditions.
Recent trends are constructive: estimated violent offenses declined by 38.9% year over year (14 of 93, top quartile improvement locally), and estimated property offenses fell 26.8% (20 of 93, top quartile improvement), according to WDSuite s CRE market data. Continued monitoring is prudent, but the trajectory supports improving risk management assumptions.
WDSuite does not list verified nearby anchor employers with distance measures for this address at this time. Investors may evaluate commuting patterns across Bryan College Station to understand workforce housing demand and retention dynamics.
The investment case centers on durable renter demand and operational upside. Neighborhood occupancy is competitive among College Station-Bryan peers and the renter-occupied share is very high, indicating depth of the tenant base and potential for stable renewals. Within a 3-mile radius, population and households have grown and are projected to expand further by 2028, supporting a larger renter pool and sustained absorption. Based on CRE market data from WDSuite, rent levels have trended upward with additional gains projected, suggesting room for pricing initiatives when paired with disciplined expense management.
Built in 1977, the property is older than nearby stock (neighborhood average vintage is 1987). That age profile points to classic value-add opportunities interiors, common areas, systems and underscores the need for thoughtful capital planning to enhance competitiveness versus newer product while managing long-term maintenance.
- Competitive neighborhood occupancy and very high renter concentration support leasing stability.
- 3-mile population and household growth with smaller projected household sizes expand the renter pool for 1 1-bedroom demand.
- 1977 vintage enables value-add positioning and targeted CapEx to drive rent and retention.
- Risks: limited lifestyle amenities nearby, below-average local incomes, and safety perception require careful underwriting and resident experience management.