450 N 4th St | Beaumont, TX 77701
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- LoopNet Team
450 N 4th St
Beaumont, TX 77701
Broadway Square Apartments · Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Clean & Well-Maintained Garden-Style Community. 12 out of 14 Units updated in the last 4 years including, flooring, paint, countertops, and fixtures.
- In place effective rents are approximately $100 below nearby competitors.
- No History of Flooding Per Seller.
- New owner can implement a RUBS program and increase Other Income.
- A new owner could increase rents even further by upgrading interiors to include granite countertops and stainless-steel appliances.
PROPERTY FACTS
| No. Units | 14 | Building Size | 10,464 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 2.29/1,000 SF |
| Lot Size | 0.48 AC | ||
| Zoning | RCR-H | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 10,464 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.29/1,000 SF |
| Zoning | RCR-H |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Dining Room
- Family Room
- Freezer
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Trash Pickup - Curbside
- Public Transportation
- Fiber Optic Internet
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 720 |
| 2+2 | 2 | - | 912 |
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