| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 54th | Good |
| Demographics | 53rd | Good |
| Amenities | 44th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 Holleman Dr E, College Station, TX, 77840, US |
| Region / Metro | College Station |
| Year of Construction | 2011 |
| Units | 36 |
| Transaction Date | 2016-08-24 |
| Transaction Price | $6,275,000 |
| Buyer | 300 Holleman LLC |
| Seller | Broadstone Ranch at Wolf Pen LLC |
300 Holleman Dr E College Station Multifamily Investment
Newer-vintage units in a renter-heavy neighborhood support stable leasing, according to WDSuite’s CRE market data. The local tenant base skews toward multifamily, offering depth for sustained occupancy.
Located in an Inner Suburb of College Station, this asset sits in a neighborhood rated A- and ranked 22 of 93 locally — competitive among metro peers. Restaurants and daily needs score well: dining density stands in the top quartile nationally, and pharmacies are similarly strong, while groceries are above the metro median. Parks, cafes, and childcare options are thinner, which may temper some lifestyle appeal but does not detract from core renter demand.
The property’s 2011 construction is newer than the neighborhood average vintage (1995). For investors, this typically translates to stronger competitive positioning versus older stock, with potential medium-term capital planning focused on system updates and selective interior modernization to sustain rentability and preserve NOI.
Neighborhood-level occupancy trends are in the high-80s, and renter-occupied housing accounts for roughly four out of five units. For multifamily owners, this elevated renter concentration signals a deep tenant pool that can support leasing velocity and backfill risk, though it also places a premium on professional management and renewal strategies.
Within a 3-mile radius, population has grown modestly in recent years with a large 18–34 cohort and is projected to expand further alongside a sizable increase in households over the next five years. This points to a larger tenant base and continued demand for rental units, which can support occupancy stability and measured rent growth, based on CRE market data from WDSuite.
Ownership costs nearby are relatively accessible compared with higher-cost metros, which can introduce some competition with single-family ownership. However, the area’s strong renter orientation and convenience-driven amenity mix tend to reinforce reliance on multifamily housing, supporting retention and steady lease-up for well-maintained assets.
Safety indicators are mixed in context. Relative to the 93 neighborhoods in the College Station-Bryan metro, the crime rank sits in a higher-crime tier (lower rank indicates more crime). Nationally, however, violent and property offense measures benchmark in the top decile for safety, and both categories show recent year-over-year declines. For investors, this combination suggests local vigilance is warranted, but broader comparisons and improving trends help mitigate risk.
This 2011, 36-unit asset benefits from a deep renter pool, strong daily-needs access, and neighborhood occupancy in the high-80s. The submarket’s heavy renter concentration and projected household growth within 3 miles point to continued demand for multifamily, while the newer vintage supports competitive positioning versus older stock. According to CRE market data from WDSuite, amenity density for restaurants and pharmacies compares favorably at the national level, reinforcing day-to-day convenience that aids retention.
Key watchpoints include metro-relative safety readings that call for solid on-site controls, and an elevated rent-to-income backdrop that argues for disciplined lease management to balance pricing power with retention. With selective modernization and attentive operations, the asset is positioned to capture household and renter pool expansion without leaning on aggressive underwriting.
- Newer vintage (2011) enhances competitive positioning versus older neighborhood stock
- Renter-heavy neighborhood and 3-mile household growth support demand depth and occupancy stability
- Strong restaurant and pharmacy access aids day-to-day convenience and tenant retention
- Risk: Metro-relative safety requires proactive property management despite favorable national comparisons
- Risk: Elevated rent-to-income levels suggest careful pricing and renewal strategies to manage retention