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31636878
31636905

401 E Main St, Brenham, TX 77833

LM
TX 688074
Eastwood Realty
Eastwood Realty
Listed by Eastwood Realty
Unpriced
55 days on market
Updated 24 days ago
Under Contract Opportunity zone

16-Unit Investment in Historic Downtown Brenham

Details
APN R24024
Property Type Multifamily
Sub Type Apartment Building
Square Footage 13,200
Net Rentable (SqFt) 13,200
Units 16
Occupancy 100%
Broker Co-Op Yes
Class C
Year Built 1960
Buildings 4
Stories 2
Lot Size (SqFt) 24,437
Parking Spaces 16 per unit
Investment Type Stabilized
Sale Condition For sale by owner

Value-Add Multi-Family in Historic Downtown Brenham

Marketing description

Colonial Oaks Apartments offers a rare chance to acquire a 100% occupied, cash-flowing multifamily property just steps from Historic Downtown Brenham. Featuring sixteen well-maintained units—twelve one-bedroom and four two-bedroom layouts—across two buildings with covered parking, this charming mid-century complex provides tenants with a quiet courtyard setting and convenient access to local shops, dining, and entertainment. Its excellent location near Blinn College ensures a steady tenant base of students, professionals, and retirees alike.

Situated within a federally designated Opportunity Zone, Colonial Oaks combines strong in-place income with exceptional long-term potential. Investors can benefit from tax incentives, market stability, and redevelopment flexibility, with options to reposition the property as short-term rentals or a boutique lodging concept to meet Brenham’s growing tourism demand. With a new roof, excellent maintenance record, and unbeatable walkable location, Colonial Oaks stands out as a secure and strategic investment opportunity in one of Brenham’s most desirable areas.

Please use the link below to view latest updated interactive financials, property information, and underwriting calculator.

Colonial Oaks Deal Site

Investment highlights

  • Prime Downtown Location - Steps from Historic Downtown Brenham’s shops, dining, and entertainment
  • Value-Add or Redevelopment Potential - Ideal candidate for repositioning as short-term rentals or boutique lodging
  • Fully Leased & Income-Producing - 16-unit multifamily property with 100% occupancy and strong, consistent cash flow
  • Well-Maintained Asset - Features new roofing, covered parking, and attractive mid-century architecture in a stable, low-maintenance investment property

Listing Contacts

LM
TX 688074
Eastwood Realty
Eastwood Realty
Listed by Eastwood Realty

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$124,000.00
$10,333.33/mo

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