401 E Main Street Colonial Oaks Apartments offers a rare opportunity to acquire a 100% occupied, cash-flowing multifamily property just steps from Historic Downtown Brenham. The property consists of sixteen well-maintained units-twelve one-bedroom and four two-bedroom-spread across two buildings with covered parking. This charming mid-century complex features a quiet courtyard setting and convenient access to local shops, dining, and entertainment. Its proximity to Blinn College supports a steady tenant base of students and professionals. Located within a federally designated Opportunity Zone, Colonial Oaks combines strong in-place income with long-term upside. Investors can leverage unique redevelopment flexibility, including potential repositioning as short-term rentals or a boutique lodging concept. With a new roof, excellent maintenance record, and an unbeatable walkable location, Colonial Oaks stands out as a secure investment opportunity in one of Brenham's most desirable areas.