Beaumont Multifamily Property with Expansion
For Sale
Contact for pricing
Pending
401 Pinchback Rd, Beaumont, TX 77707
Well-maintained 14-unit apartment complex with additional approved land.
Property SizeContact for details
Lot Size1.00 Acre
Days on Market152
Property Features for 401 Pinchback Rd
General Information
Standard status
Pending
Class
B
Total Parking Spaces
21
Lot size
1.00 Acre
Property subtype
Multifamily
Zoning
RMH - Residential Multifamily
Occupancy
93%
Investment Type
Value Add
Net Operating Income
$134,400
Building Details
Year Built
1983
Year Renovated
2020
Buildings
2
Stories
2
Units
14
Listing Agency:
Coldwell Banker Commercial Arnold and Associates
(409) 833-5055
Listed By:
Tammiey Linscomb · License #TX
Source:
Crexi
Added: Mar 24
Changed: Aug 21
Last Checked: Aug 20 at 8:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Arnold and Associates
Investment Insights
Based on property information with market context.
The Oakwood Apartments is a 14-unit multifamily property located in the West End of Beaumont. The property features four 2-bedroom units. The property has been remodeled over several years and is well maintained. It is zoned Residential Multifamily, which supports third-party appraisals for buyer financing. Over $148,000 in capital expenditures were invested through 2020, including a new roof, hardy board siding, paint, and fence. A new sewer line was replaced for the easternmost building in late 2020, and new HVAC systems for nine units have been replaced between 2022 and 2026. Situated on the east side of Pinchback, the property is located four blocks from College Street and three blocks from Calder Avenue, in a stable, well-established neighborhood. Nearby are the Beaumont Municipal Athletic Complex, Beaumont Municipal Tennis Center, and City Park. A City of Beaumont transit stop is also nearby. The Beaumont-Port Arthur economy is supported by chemical and petroleum manufacturing, materials production, and transportation industries. Major employers include ENGlobal Corporation, ExxonMobil, Goodyear Tire & Rubber, Motiva Enterprises, and Valero Refining Group. The property includes an additional parcel valued at $100,000. The 1-acre parcel of undeveloped land is zoned and has been approved by The City of Beaumont Zoning Ordinance for multi-family use for up to 26 units.
Key Highlights
- Turnkey operation with immediate income potential due to remodeled units and well‑maintained condition.
- Significant capital expenditure invested in recent years, including a new roof, siding, paint, fence, and sewer line, plus new HVAC units for 9 of the 14 units.
- Desirable location in the West End of Beaumont, close to amenities, parks, and public transportation, ensuring stable rental demand.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
Explore this area
Business Placement
Demographics for 77707, TX
17,509
Population
7,312
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
14.2 sq mi
ZIP Area
1,233
Density / Sq Mi
$73,782
Median Household Income
$41,091
Median Earnings
$1,244
Median Rent
$162,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 14-unit apartment complex with additional approved land.
Where is this apartment building located?
The property is located at 401 Pinchback Rd Beaumont, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Turnkey operation with immediate income potential due to remodeled units and well‑maintained condition.; Significant capital expenditure invested in recent years, including a new roof, siding, paint, fence, and sewer line, plus new HVAC units for 9 of the 14 units.; Desirable location in the West End of Beaumont, close to amenities, parks, and public transportation, ensuring stable rental demand.
