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2300 Stone Hollow Dr
Brenham, TX 77833

Stone Ridge Apartments · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Great location!

Executive Summary

Property Highlights:
Stone Ridge is a 2-story, garden style apartment property located in beautiful and
desirable Brenham, Texas. Entrance is at the corner of Stone Hollow and Stone
Hill, and this provides some privacy away from the street frontage. The property
has been beautifully maintained and shows pride of ownership. All units are in
nice condition with many updates over the recent years. This investment will
provide cash flow starting on the first day.
Details:
• 6 units, built 1998, 100% occupancy
• All are 1 bedroom, 1 bath, 710 sq. feet
• Avg. rent $800 per unit
• Units have washer/dryer connections
• Walk-in closets
• Covered parking – a great amenity
• Long term residents
• Quiet property with no student tenants

2024 Gross Income: $51,500 (2 units were remodeled)
2025 Expected Gross: $60,200

PROPERTY FACTS

Price Per Unit $114,167
Sale Type Investment
Cap Rate 6.10%
No. Units 6
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.52 AC
Building Size 4,260 SF
No. Stories 2
Year Built 1998

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $800.00 710

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R44758
Land Assessment
$54,460
Improvements Assessment
$381,987
Total Assessment
$436,447
  • Listing ID: 34112020

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 2300 Stone Hollow Dr, Brenham, TX 77833

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