$240,000
1725 Harvey Mitchell Pkwy, College Station, TX 77840
Current Rent **
$1,250
Projected Rent **
$1,875
Student Rental Condo
This impeccably maintained 3-bedroom, 3-bathroom condo offers an ideal investment for those looking to capitalize on the thriving student rental market.
Key Features:
-Perfect for Students: Each of the three spacious bedrooms features a private full bathroom, ensuring maximum comfort and privacy for tenants.
-Prime Location: Located directly on the Texas A&M University bus route, this condo provides unbeatable convenience for students. It’s just minutes away from campus, making it highly attractive to renters.
-Turnkey Ready: The unit comes fully equipped with a washer, dryer, and refrigerator. The spacious living room boasts laminate floors and dual entrances, enhancing the appeal and functionality of the space.
-High Rental Income Potential: With a market rent of $600-$700 per bedroom, this condo can generate significant rental income, translating to $1,800-$2,100 per month.
-Outstanding Community Amenities: Tenants will enjoy resort-style living with access to a pool, study/media areas, cardio and weight rooms, tennis, sand volleyball, and basketball courts.
-Included Utilities: The HOA fee covers cable and internet, reducing tenant expenses and enhancing rental desirability.
Investment Benefits:
-Steady Income: The high demand for student housing in College Station ensures a steady stream of rental income.
-Minimal Vacancy Risk: Proximity to Texas A&M University guarantees a continuous pool of potential tenants.
-Appreciation Potential: College Station's real estate market is growing, offering potential for property value appreciation over time.
Don’t miss out on this lucrative investment opportunity in one of the most sought-after student housing markets. Contact us today to learn more and schedule a viewing!
Location:
1725 Harvey Mitchell Pkwy, College Station, TX 77840
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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