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  • Key Facts
  • Description
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Key Facts

Type Multi Family, 5 Plus
Levels Residential Income
Size 13200 sqft
Garage No
Taxes 
Days Active 53
Lot Size 
Approx. Age 1960
Avg. Price Per Sqft $147
MLS® Number 24577371

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Colonial Oaks is an architecturally unique, fully leased 16-unit multifamily offering within the Opportunity Zone, just steps from historic Downtown Brenham shopping and dining and one mile to Blinn College Main Campus. With 12 one-bedroom units and four two-bedroom units spread across two buildings, Colonial Oaks provides covered off-street parking and offers a tranquil and well-maintained place for seniors, professionals, and students to call home. This stabilized asset in a rapidly growing market with limited inventory can be operated as-is for cash flow or is a prime candidate to put Opportunity Zone tax benefits to work by redeveloping the property into an Airbnb or boutique hotel, for which competition is scarce, and demand is high.Show Description
MLS® Number24577371
Laundry Level
Central VacNo
FireplaceNo
Acreage0.561
Exterior
GarageNo
Approx. Age1960
Basement
DrivewayCarport
Garage Spaces
HeatWall Heater
A/CCeiling Fan(s), Window Unit(s)
Heating Fuel

Extras

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