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32306899
32306895

3 Locations

Military Millionaire LLC
Listed by Military Millionaire LLC
$1,900,000
33 days on market
Updated 6 days ago

Navidad 12 unit STR portfolio 4 minutes to Texas A&M

Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 9,600
Units 12
Cap Rate 8.93%
NOI $169,732
Occupancy 92%
Rent Bumps Yes
Class B
Year Built 1979
Year Renovated 2023
Lot Size (SqFt) 21,400
Zoning residential
Sale Condition 1031 exchange

3 fourplexes in Bryan-College Station, home of the largest university in the country

Marketing description

The Navidad Portfolio is a rare opportunity to acquire three cash-flowing fourplexes operating as a single, cohesive short-term rental business in Bryan, Texas — 4 minutes from Texas A&M University, the largest university in the United States.

This is not a value-add play. This is a running business with verified revenue, active bookings, a recognized brand, and a direct-booking engine that generates over 60% of income off-platform. You are buying infrastructure, not just real estate.

THE PORTFOLIO

706, 708, and 800 Navidad Street are three fourplexes comprising 12 units total — 9 active STRs, 1 long-term tenant, and 2 on-site operator units. Combined gross revenue is $216,000 annually with a blended NOI margin above 70%. Each building has been optimized for short-term rental performance, with professional photography, guest systems, and a direct booking pipeline already in place.

THE MARKET

Bryan-College Station is one of the most recession-resistant rental markets in the country. Texas A&M enrolled 79,105 students in Fall 2024 — up 33% since 2013 and still growing — making it the largest university in the US. Demand never stops: 12 home football games per season at 102,733-seat Kyle Field, graduation weekends in May and December, year-round campus visitors, medical guests at the Texas A&M Health Science Center, and a growing biotech corridor anchored by FujiFilm Diosynth. When the broader economy softens, Aggieland fills up. This market does not depend on national trends.

During the 2008 financial crisis, Bryan-College Station held its value while national home prices fell 30%+. During COVID, BCS recovered all job losses by mid-2022 — faster than any comparable Texas market.

THE OPERATION

The current operator, Chase Robinson, has built a direct-booking business with repeat guests, referral customers, and a guest list that transfers with the sale. Ronald Wilson has been a long-term tenant at 800B for over 10 consecutive years at $825/month — a stabilizing asset who also supports property operations. Chase is available post-close for full management, a transition period, or consulting.

THE DEAL

Asking price: $1,900,000 for all three buildings sold together as a portfolio. Full financials, platform earnings reports, and direct booking records available upon request. Serious inquiries only.

Investment highlights

• $216,000 gross annual revenue across 3 fully operational fourplexes — verified from platform earnings and direct booking records. No pro forma. No projections.

• 70%+ blended NOI margin. Portfolio generates strong net operating income across all three buildings with a seasoned operator in place.

• 60%+ of revenue comes from direct bookings — bypassing Airbnb entirely. Guest lists, repeat customers, and referral infrastructure transfer with the sale.

• 4 minutes from Texas A&M — the largest university in the United States with 79,105 enrolled students. Year-round demand driven by football weekends, graduations, campus visitors, and corporate/medical travelers.

• Turnkey operation. Active bookings, established brand, professional photography, and guest systems are all in place. The current operator is available to stay on post-close.

• 9 active STR units + 1 long-term tenant (800B) who has paid $825/month for 10+ consecutive years, 2 cleaners who live in 706 A and B for on site management/maintenance — a stabilizing anchor for the portfolio.

Listing Contacts

Military Millionaire LLC
Listed by Military Millionaire LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$169,732.00
$14,144.33/mo

Valuation Metrics

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DSCR
8.93%
Cap Rate
8.93%
ROI

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Additional Information

Name
Chase Robinson
License
836527
Brokerage
Jerman Realty
Title
Broker of Record
Brokerage Address
2434 FM 1600 Cameron, TX 76520
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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