| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Fair |
| Demographics | 40th | Fair |
| Amenities | 16th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3616 S Hampton Ct, Bryan, TX, 77801, US |
| Region / Metro | Bryan |
| Year of Construction | 2007 |
| Units | 53 |
| Transaction Date | 2016-12-27 |
| Transaction Price | $7,600,000 |
| Buyer | Richmond Ridge Townhomes, LLC |
| Seller | Richmond Ridge, LTD |
3616 S Hampton Ct Bryan Multifamily Investment
Renter concentration in the immediate neighborhood is high, supporting a deeper tenant base even as local occupancy trends sit below metro norms, according to WDSuite’s CRE market data. The 2007 vintage provides a competitive edge versus older nearby stock and positions the asset for targeted value-add.
Located in Bryan’s inner-suburban fabric within the College Station–Bryan, TX metro, the property sits in a neighborhood with a strong renter-occupied housing share. At 74.6% renter concentration (ranked 10 of 93 metro neighborhoods), the area is top quartile locally—an indicator of depth for multifamily demand and a broader leasing funnel for a 53-unit asset.
Neighborhood occupancy trends are weaker than the metro median (ranked 75 of 93), suggesting lease-up and retention require hands-on management and competitive positioning. Against this backdrop, the 2007 construction year is newer than the neighborhood’s older average stock (1981), which can support relative competitiveness and potentially lower near-term systems capex, while still leaving room for selective modernization to capture demand.
Amenities immediately within the neighborhood are limited, with sparse retail, grocery, cafes, parks, and pharmacies. For investors, this amenity-light context typically shifts the value proposition toward larger unit sizes, on-site features, and commute convenience rather than walkable retail.
Within a 3-mile radius, demographics show a sizable and growing renter pool: population and households have increased in recent years and are projected to expand further, with renters expected to comprise a substantial majority of occupied units. Median asking rents in this radius track in a lower-to-mid tier relative to national levels, which helps sustain demand but can compress pricing power; lease management should balance occupancy stability with affordability to limit turnover. These readings are based on CRE market data from WDSuite and reflect neighborhood context, not the property’s own performance.
Safety indicators are mixed but improving. The neighborhood’s overall crime reading is slightly better than the national midpoint and competitive among College Station–Bryan neighborhoods (ranked 29 of 93). Recent year-over-year trends show notable reductions in both violent and property offenses, which, if sustained, can support renter retention and property operations. All figures reflect neighborhood-level patterns rather than property-specific conditions.
The area draws from regional education, healthcare, and services employment nodes within short drives, supporting a broad workforce tenant base and commute convenience for renters near Bryan–College Station.
This 2007-vintage, 53-unit asset offers a relative quality advantage versus older neighborhood stock while tapping into a high-share renter market that supports ongoing leasing activity. While neighborhood occupancy trails the metro median, the strong renter concentration and projected household and population growth within 3 miles point to a durable tenant base. According to CRE market data from WDSuite, local rents sit in a lower-to-mid range compared to national patterns, underscoring the importance of affordability-aware lease strategies to sustain occupancy and retention.
Investor focus should center on targeted value-add and operational execution: the vintage reduces immediate heavy-systems risk relative to older assets but still allows for modernization to improve unit appeal. With limited neighborhood amenities, on-site experience and unit features will be key levers for demand capture and rent trade-outs.
- High renter concentration in the neighborhood supports a deeper tenant base and demand resilience.
- 2007 construction offers competitive positioning versus older local stock with selective value-add potential.
- Projected growth in population and households within 3 miles expands the renter pool and supports occupancy stability.
- Amenity-light location increases the importance of on-site features and management to drive retention and pricing.
- Risk: Neighborhood occupancy tracks below metro norms; execution on leasing and affordability management is critical.