Multifamily
Camelot
2001 Slayden St, Brownwood, TX 76801
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Camelot, a 124-unit apartment community located in Brownwood, Texas. The property offers a compelling value-add opportunity through interior renovations, with classic unit finishes supporting approximately $100 monthly rent premiums upon modernization. Camelot has been exceptionally well maintained during nearly a decade of stable ownership, resulting in strong occupancy performance, excellent physical condition, and minimal deferred maintenance. This operational history provides incoming ownership with a highly stable foundation and reduced near-term capital risk. Located near major Brownwood employers including Kohler, 3M, Superior Essex, Brownwood Regional Medical Center, and Howard Payne University, Camelot benefits from durable workforce housing demand and strong long-term market fundamentals in the heart of Texas.
Listing Price: Request For Offer
Investment Highlights
- ~$100 rent upside through interior renovations with manageable capital investment
- Long-term stable ownership with strong occupancy history and minimal deferred maintenance
- Supported by major employers, healthcare, and Brownwood's expanding retail base
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Camelot, a 124-unit apartment community located in Brownwood, Texas. The property offers a compelling value-add opportunity through interior renovations, with classic unit finishes supporting approximately $100 monthly rent premiums upon modernization. Camelot has been exceptionally well maintained during nearly a decade of stable ownership, resulting in strong occupancy performance, excellent physical condition, and minimal deferred maintenance. This operational history provides incoming ownership with a highly stable foundation and reduced near-term capital risk. Located near major Brownwood employers including Kohler, 3M, Superior Essex, Brownwood Regional Medical Center, and Howard Payne University, Camelot benefits from durable workforce housing demand and strong long-term market fundamentals in the heart of Texas.
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