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750 S 3rd St 12 Unit Apartment Building For Sale Silsbee, TX 77656
Investment Highlights
- Highly occupied
Executive Summary
Well-located 12-unit value-add multifamily with strong in-place cash flow and clear rent growth upside | Opportunity to buy another 12 unit complex only 15 minutes away | Offers requested.
12-unit value-add multifamily asset located in Silsbee, TX within the supply-constrained Hardin County / NW Beaumont submarket. Built in 1983, the property features two-story buildings with a simple all-2BR/1BA unit mix (~922 SF avg.) and 92% occupancy. Average in-place rents of $839/unit remain well below market rents of approx. $950, providing clear upside through interior upgrades, lease-up of remaining vacancy, and improved management. Trailing 12-month operations reflect a strong 52% NOI margin, offering immediate cash flow with meaningful long-term value creation. Opportunity to buy another 12 unit complex only 15 minutes away. Can be sold together or individually.
12-unit value-add multifamily asset located in Silsbee, TX within the supply-constrained Hardin County / NW Beaumont submarket. Built in 1983, the property features two-story buildings with a simple all-2BR/1BA unit mix (~922 SF avg.) and 92% occupancy. Average in-place rents of $839/unit remain well below market rents of approx. $950, providing clear upside through interior upgrades, lease-up of remaining vacancy, and improved management. Trailing 12-month operations reflect a strong 52% NOI margin, offering immediate cash flow with meaningful long-term value creation. Opportunity to buy another 12 unit complex only 15 minutes away. Can be sold together or individually.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | 912 |
1 1
Property Taxes
| Parcel Number | 000019-018100 | Improvements Assessment | $551,223 |
| Land Assessment | $8,800 | Total Assessment | $560,023 |
Property Taxes
Parcel Number
000019-018100
Land Assessment
$8,800
Improvements Assessment
$551,223
Total Assessment
$560,023
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750 S 3rd St
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