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401 Pinchback Rd
Beaumont, TX 77707
OAKWOOD APARTMENTS · Multifamily Property For Sale · 14 Units

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.40 AC
Building Size 10,200 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1983/2019
Parking Ratio 1.5/1,000 SF
Zoning None

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Ceiling Fans
  • Hardwood Floors
  • Walk-In Closets
  • Carpet

About 401 PINCHBACK RD , BEAUMONT, TX 77707

The Oakwood Apartments, is a two story, garden-style, brick apartment community located in the West End area of Beaumont, Texas. The asset was built in 1983. Resident amenities include: mini-blinds, kitchen pantries, ceiling fans, patios and balconies. The asset includes an additional 1 acre of land in the back that is zoned and has been approved by The City of Beaumont Zoning Ordinance for multi-family use for up to 26 units! Per owner, roofs were replaced in 2015. Capital Expenditures included installing hardy board on exterior $48,000, installing new roofs $75,000 and refreshing interiors $25,000. Currently there are no reported leasing concessions. Owner has updated two or three units and cleaned up the other ones. On a recent site visit, the property showed very well. One unit is given rent free to the manager in return for management and minor maintenance requests. The property has rental upside!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 600
2+1 6 - 900
  • Listing ID: 19290268

  • Date on Market: 4/21/2020

  • Last Updated:

  • Address: 401 Pinchback Rd, Beaumont, TX 77707

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