| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Fair |
| Demographics | 37th | Poor |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5900 Leonard Rd, Bryan, TX, 77807, US |
| Region / Metro | Bryan |
| Year of Construction | 1976 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5900 Leonard Rd, Bryan TX Multifamily Opportunity
Neighborhood occupancy is reported at full levels, indicating durable renter demand in this pocket of Bryan, according to WDSuite’s CRE market data; note this occupancy refers to the surrounding neighborhood, not the property. With stable tenancy dynamics and suburban positioning, the asset’s appeal rests on steady demand rather than amenity-driven premiums.
This suburban neighborhood of College Station–Bryan shows full occupancy at the neighborhood level, a positive signal for lease-up and retention, though this metric is for the neighborhood and not the property itself. Renter-occupied housing is above national norms by percentile, suggesting a deeper tenant base that can support smaller assets like a 24-unit property.
Amenities are sparse locally (restaurants, groceries, parks rank near the bottom among 93 metro neighborhoods), so the value proposition leans on housing utility rather than walkability. For investors, that typically means car-dependent living and a focus on competitive in-unit quality and dependable operations over amenity premiums.
The average construction year in the neighborhood is 1994, while the subject was built in 1976. Older vintage can necessitate capital planning for systems and exterior upgrades but also opens value-add pathways where refreshed interiors and common areas can outcompete aging stock and close the gap to mid-1990s product.
Within a 3-mile radius, population and households have expanded in recent years, and forecasts point to further household growth with a rising renter share. That trajectory implies a larger tenant base and supports occupancy stability for workforce-oriented housing. Median contract rents in the 3-mile area have trended upward and are projected to grow further, reinforcing the case for disciplined revenue management rather than outsized rent-push assumptions.
Relative positioning within the metro is mixed: safety indicators and housing metrics land above the metro median (e.g., crime rank around the better half out of 93 neighborhoods, and housing near the metro midpoint), while amenity access is comparatively weak. Taken together, the submarket favors straightforward, functional multifamily over lifestyle-driven assets.
Safety readings are generally above the metro median among 93 neighborhoods and land in the better half nationally, indicating a comparatively stable environment for day-to-day operations. National percentiles for both violent and property incidents sit on the safer side of the spectrum, which can aid leasing and renewal conversations.
That said, recent year property crime trends show volatility locally, so operators should prioritize lighting, access control, and resident engagement to maintain performance. As always, these indicators reflect neighborhood-level patterns, not the specific property or block.
Built in 1976, this 24-unit asset offers a classic value-add setup in a suburban Bryan location where neighborhood occupancy reads full and renter concentration is comparatively strong. Population and households within 3 miles have increased and are projected to grow further, pointing to renter pool expansion that supports steady leasing and retention. According to CRE market data from WDSuite, local rents have been on an upward trajectory, reinforcing the case for disciplined revenue management.
Amenity access is limited, so the strategy hinges on delivering reliable housing, targeted renovations, and operational execution. While ownership costs in the broader area are relatively accessible—potentially creating competition with entry-level ownership—renter share is expected to rise, which can sustain demand for well-managed, functional multifamily units.
- Neighborhood-level occupancy at full readings supports stability (neighborhood metric, not property).
- 1976 vintage presents value-add and systems-upgrade pathways to outcompete older stock.
- 3-mile radius shows population and household growth with a rising renter share, expanding the tenant base.
- Rent trends support disciplined revenue management rather than aggressive assumptions.
- Risks: limited nearby amenities, property-crime volatility, and potential competition from entry-level ownership.