www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32335107
32335108

12 Locations For Sale

CJ
TX 9009048
Military Millionaire LLC
Listed by Military Millionaire LLC
$4,615,000
73 days on market
Updated 4 days ago

Texas Short-Term Rental Portfolio Texas A&M University

Details
Property Type Multifamily, Office
Sub Type Single Family Rental Portfolio, Short-Term Rental
Square Footage 23,106
Units 40
Cap Rate 9.03%
NOI $416,852
Occupancy 88%
Tenancy Multi
Rent Bumps Yes
Class B
Year Built 1979
Year Renovated 2023
Buildings 12
Acreage 5.000
Zoning residential
Investment Type Stabilized
Sale Condition 1031 exchange

Multifamily | 9.03% CAP | 21 Units

Marketing description

OVERVIEW

This offering represents a rare opportunity to acquire a fully operational, income-producing short-term rental portfolio across 12 properties and 21+ units in some of Texas's most resilient rental markets. The portfolio generates $604,404 in gross annual revenue and $416,852 in total NOI at an 8.15% blended cap rate — all figures verified from Airbnb platform earnings reports and direct booking records for the trailing 12 months (May 2025 – May 2026). No projections. No pro forma.

THE MARKET — WHY BRYAN/COLLEGE STATION IS ONE OF THE STRONGEST RENTAL MARKETS IN THE COUNTRY

The anchor of this portfolio is Bryan/College Station, Texas — home of Texas A&M University, the largest university in the United States with 79,105 students enrolled as of Fall 2025, up 33% since 2013 and still growing. This is not a market that depends on economic cycles, corporate relocations, or tourism trends. It is structurally demand-driven, 365 days a year.

What fills the calendar: 12 home football games per season at Kyle Field (capacity 102,733), generating some of the highest STR nightly rates in the state. Graduation weekends in May and December — families booking 5 to 7 nights at premium rates. Year-round campus visitors, prospective students, corporate travelers, and medical guests at the Texas A&M Health Science Center. Blinn College adds another 19,000+ students to the demand base. The Texas vs. A&M rivalry returned to Kyle Field in 2024 — the most-watched SEC matchup in Texas history.

The economic case is equally strong. Bryan-College Station is strategically positioned at the center of the Texas Triangle — 95 miles from Houston, 100 miles from Austin, 170 miles from Dallas. Top employers include Texas A&M University, FujiFilm Diosynth Biotech, Sanderson Farms, St. Joseph Health System, and multiple independent school districts. The market has not experienced the boom-and-bust cycles that affect single-industry or tourism-dependent markets.

The recession-resistance of BCS is not theoretical. During the 2008 financial crisis, when national home values fell 30%+, Bryan-College Station held. Rental demand surged as homeownership became out of reach for younger households, and the market grew 2%+ annually through the worst years of the downturn. During COVID-19, BCS recovered all pandemic job losses by June 2022 — faster than any comparable Texas market — with 5 of 11 payroll sectors surpassing pre-pandemic levels entirely. STR demand held through football weekends, graduations, and campus visits that never fully stopped.

THE PORTFOLIO — PROVEN OPERATIONS, NOT A STARTUP

This is not a collection of individually listed properties being packaged together for the first time. This portfolio has been built, operated, and optimized by a single owner-operator over more than three years. The systems, guest infrastructure, direct-booking pipelines, and operational knowledge are all in place and transfer with the sale.

The Navidad Portfolio — 706, 708, and 800 Navidad Street in Bryan — forms the core of the offering. Three fourplexes, 12 units, operating as a mixed STR and long-term rental business generating $240,937 in gross revenue and $203,332 in NOI annually. Over 60% of revenue across the portfolio is generated through direct bookings, bypassing Airbnb entirely — a built moat that protects cash flow from platform dependency and commission drag. The Navidad portfolio also generates $33,600 per year in bonus cash flow to the owner through a cleaning fee arrangement that does not flow through NOI.

The remaining seven single-family properties span Bryan, College Station, Bullard, and Tyler — providing geographic diversification while maintaining operational cohesion under a single management system. Properties include a lakefront estate in Bullard generating $70,207 in gross revenue, two Coastal Drive properties in College Station operating as the 'Coastal Cottage' and 'Coastal Retreat', and 1112 S Dexter Drive, which leads the single-family portfolio at $37,091 in NOI on $53,668 in gross revenue.

THE OPERATOR ADVANTAGE

The current operator is available to remain involved post-close — whether in a full management role, a transition consulting capacity, or simply to hand off systems and introduce the buyer to the direct-booking guest base. Whoever acquires this portfolio inherits three-plus years of operational refinement, not just a set of keys.

TERMS

Asking price: $4,615,000. All properties sold together as a portfolio. Serious buyers only. Full financials, platform earnings reports, and direct booking records available upon signed NDA. Listed on LoopNet and Crexi.

Investment highlights

  • 12 PROPERTIES / 21 UNITS
  • FULLY OPERATIONAL - TURNKEY
  • VERIFIED TRAILING-12 FINANCIALS
  • $604,404 GROSS ANNUAL REVENUE
  • $416,852 TOTAL ANNUAL NOI
  • 9,03% BLENDED CAP RATE
  • 60%+ DIRECT BOOKING REVENUE
  • $33,600/yr BONUS CASH FLOW (CLEANING FEES TO OWNER)
  • 4 MIN DRIVE TO TEXAS A&M
  • 79,105 STUDENTS ENROLLED FALL 2027
  • TURNKEY OPERATOR AVAILABLE POST-CLOSE
  • All figures verified from platform earnings reports

Listing Contacts

CJ
TX 9009048
Military Millionaire LLC
Listed by Military Millionaire LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$416,852.00
$34,737.67/mo

Valuation Metrics

0
DSCR
9.03%
Cap Rate
9.03%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Cynthia Jerman
License
9009048
Brokerage
Jerman Realty, Inc.
Brokerage Phone
2547217045
Title
Broker
Brokerage Address
Cameron, Texas 76520
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591