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782 Pinchback Rd
Beaumont, TX 77707
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Quiet Neighborhood Setting
- Great Starter Investment Property!
- 100% Occupied
Executive Summary
The Pinchback Apartments offers a rare opportunity to purchase a well
established 4 Plex that has been recently remodeled and is well maintained in the
West End of Beaumont, Texas.Zoned Residential, which will facilitate favorable third
party appraisals for buyer financing.
? The property is located on the West side of Pinchback, 3 blocks off of College
Street and 4 Blocks off of Calder, in a well established neighborhood and in close
proximity to the Beaumont Municipal Athletic Complex, the Beaumont Municipal
Tennis Center and City Park. There is a city of Beaumont Municipal Transit stop at
the corner of College Street and Pinchback making a trip line to downtown
attractions and Main Retail Sectors accessible within moments.
? Major business clusters in Beaumont-Port Arthur area include chemical and
petroleum manufacturing, materials manufacturing and transportation. Major
employers in Beaumont-Port Arthur include ENGlobal Corporation, ExxonMobil,
Goodyear Tire & Rubber, Motiva Enterprises and Valero Refining Group.
? Pinchback Apartments offer 4 multifamily units that are beautifully up to date with
open living area floor plans, neutral colors and natural lighting offering a cool and
current feel. All 2 bedroom, 1 1/2 Baths, Washer and Dryer hookups, back patio area
with new fencing throughout and kitchen appliances.
? Residents are enrolled in the Resident Benefits Package (RBP) for $50/month
which includes liability insurance, credit building to help boost the resident’s credit
score with timely rent payments, HVAC air filter delivery, move-in concierge service
making utility connection and home service setup a breeze during the move-in,
on-demand pest control, and much more! This amount is included in the current
advertised rental amount. These benefits provide protection for the landlord and
tenant, enhancing the properties' experience.
? The property is being offered at $360,000.00 with a psf price of $114.94psf for the
entire building and $90,000 per unit which is well below replacement cost.
Replacement costs in the area are upwards of $200.00 psf! Green space for
expansion.
established 4 Plex that has been recently remodeled and is well maintained in the
West End of Beaumont, Texas.Zoned Residential, which will facilitate favorable third
party appraisals for buyer financing.
? The property is located on the West side of Pinchback, 3 blocks off of College
Street and 4 Blocks off of Calder, in a well established neighborhood and in close
proximity to the Beaumont Municipal Athletic Complex, the Beaumont Municipal
Tennis Center and City Park. There is a city of Beaumont Municipal Transit stop at
the corner of College Street and Pinchback making a trip line to downtown
attractions and Main Retail Sectors accessible within moments.
? Major business clusters in Beaumont-Port Arthur area include chemical and
petroleum manufacturing, materials manufacturing and transportation. Major
employers in Beaumont-Port Arthur include ENGlobal Corporation, ExxonMobil,
Goodyear Tire & Rubber, Motiva Enterprises and Valero Refining Group.
? Pinchback Apartments offer 4 multifamily units that are beautifully up to date with
open living area floor plans, neutral colors and natural lighting offering a cool and
current feel. All 2 bedroom, 1 1/2 Baths, Washer and Dryer hookups, back patio area
with new fencing throughout and kitchen appliances.
? Residents are enrolled in the Resident Benefits Package (RBP) for $50/month
which includes liability insurance, credit building to help boost the resident’s credit
score with timely rent payments, HVAC air filter delivery, move-in concierge service
making utility connection and home service setup a breeze during the move-in,
on-demand pest control, and much more! This amount is included in the current
advertised rental amount. These benefits provide protection for the landlord and
tenant, enhancing the properties' experience.
? The property is being offered at $360,000.00 with a psf price of $114.94psf for the
entire building and $90,000 per unit which is well below replacement cost.
Replacement costs in the area are upwards of $200.00 psf! Green space for
expansion.
Property Facts
| Price Per Unit | $90,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.58 AC |
| Cap Rate | 12.67% | Building Size | 3,132 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1968/2025 |
| Apartment Style | Low-Rise | Parking Ratio | 1.75/1,000 SF |
| Zoning | LI - Light Industrial | ||
| Price Per Unit | $90,000 |
| Sale Type | Investment |
| Cap Rate | 12.67% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 3,132 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1968/2025 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | LI - Light Industrial |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Lawn
- Linen Closet
- Pantry
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Fenced Lot
- Wheelchair Accessible
- Renters Insurance Program
- Smoke Free
- Trash Pickup - Curbside
- Storage Space
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
- Fiber Optic Internet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 4 | $950.00 | 783 |
Property Taxes
| Parcel Number | 016500-000-003450-00000 | Improvements Assessment | $213,383 |
| Land Assessment | $14,256 | Total Assessment | $227,639 |
Property Taxes
Parcel Number
016500-000-003450-00000
Land Assessment
$14,256
Improvements Assessment
$213,383
Total Assessment
$227,639
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