Multifamily
Retreat at 2818
3301 Providence Ave, Bryan, TX 77803
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Retreat at 2818, a 248-unit apartment community located in Bryan, Texas. Ownership has invested more than $2.8 million in capital improvements since 2020, including extensive interior upgrades and exterior enhancements, positioning the property for continued strong performance. Current rents are estimated to be approximately 15% below comparable properties in the submarket, providing new ownership with a clear path to increase rental income through strategic renewals and unit turns. The community also benefits from a highly marketable unit mix with more than half of the residences consisting of spacious two- and three-bedroom floor plans. Located near Harvey Mitchell Parkway with direct connectivity to Texas A&M University, the RELLIS Campus, and the Bryan–College Station BioCorridor, Retreat at 2818 is well positioned to capitalize on one of Texas’ most dynamic and resilient economic regions.
Investment Highlights
- $2.8M+ in capital improvements already completed across interiors and exteriors
- In-place rents ~15% below market with significant upside through strategic rent increases
- Located minutes from Texas A&M University and the Bryan–College Station BioCorridor
Listing Price: Request For Offer
Investment Highlights
- $2.8M+ in capital improvements already completed across interiors and exteriors
- In-place rents ~15% below market with significant upside through strategic rent increases
- Located minutes from Texas A&M University and the Bryan–College Station BioCorridor
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Retreat at 2818, a 248-unit apartment community located in Bryan, Texas. Ownership has invested more than $2.8 million in capital improvements since 2020, including extensive interior upgrades and exterior enhancements, positioning the property for continued strong performance. Current rents are estimated to be approximately 15% below comparable properties in the submarket, providing new ownership with a clear path to increase rental income through strategic renewals and unit turns. The community also benefits from a highly marketable unit mix with more than half of the residences consisting of spacious two- and three-bedroom floor plans. Located near Harvey Mitchell Parkway with direct connectivity to Texas A&M University, the RELLIS Campus, and the Bryan–College Station BioCorridor, Retreat at 2818 is well positioned to capitalize on one of Texas’ most dynamic and resilient economic regions.