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Concord Place Apartments 5520-5530 Concord Rd 24 Unit Apartment Building $1,895,000 ($78,958/Unit) Beaumont, TX 77708
Investment Highlights
- Convenient location within North Beaumont, approximately five miles from downtown with easy highway access.
- Community designed for comfort with central air/heat, high-speed internet capability, and washer/dryer connections.
- Accessible neighborhood amenities and scenic parks such as Beaumont Botanical Gardens and Village Creek State Park.
- Walking distance to three shopping centers and minutes from major hospitals, including CHRISTUS Southeast Texas - St. Elizabeth.
- Vinyl plank flooring throughout units and functional appliance packages including stove, refrigerator, and dishwasher.
- Pet-friendly community with reasonable application and pet fees, creating flexibility for residents with pets.
Executive Summary
The property at 5520-5530 Concord Rd in Beaumont, Texas is an apartment community identified as Concord Place Apartments, situated in the 77708 ZIP code within Jefferson County. It operates within the Beaumont Independent School District attendance zone. The site is roughly five miles from downtown Beaumont and offers access to local retail shopping centers, municipal parks, and commuter networks. Nearby institutions include Lamar University, major hospitals within a six-mile radius, and Beaumont Amtrak station approximately four miles away.
Property Facts
| Price | $1,895,000 | Lot Size | 1.56 AC |
| Price Per Unit | $78,958 | Building Size | 22,848 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 2.1/1,000 SF |
| Apartment Style | Low-Rise | Cross Streets | Treadway Rd |
| Building Class | C | ||
| Zoning | RM-H - Residential Multi Family | ||
| Price | $1,895,000 |
| Price Per Unit | $78,958 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.56 AC |
| Building Size | 22,848 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.1/1,000 SF |
| Cross Streets | Treadway Rd |
| Zoning | RM-H - Residential Multi Family |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Freezer
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Wheelchair Accessible
- Smoke Free
- Online Services
- Public Transportation
- Fiber Optic Internet
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 24 | - | 952 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 014075-000-000100-00000 | Improvements Assessment | $1,288,938 |
| Land Assessment | $23,522 | Total Assessment | $1,312,460 |
Property Taxes
Parcel Number
014075-000-000100-00000
Land Assessment
$23,522
Improvements Assessment
$1,288,938
Total Assessment
$1,312,460
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Concord Place Apartments | 5520-5530 Concord Rd
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