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Concord Place Apartment Building
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5520-5530 Concord Road, Beaumont, TX 77708

Apartment property with tenant-paid utilities and Residential Multifamily zoning in Beaumont, Texas.

Property Size24,064 SF
Price / SF$78.75
Days on Market119

Property Features for 5520-5530 Concord Road

General Information

Standard status Active
Size 24,064 SF
Class B
Property subtype Multifamily
Zoning Residential Multifamily
Occupancy 100%
Investment Type Value Add
Net Operating Income $171,991

Building Details

Year Built 1983
Year Renovated 2026
Buildings 2
Units 24
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Arnold and Associates
Listed By: Tammiey Linscomb · License #TX
Source: Crexi
Added: May 6 Changed: Aug 30 Last Checked: Aug 31 at 8:16PM

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.

Concord Place is an apartment building comprising 24,064 square feet and constructed in 1983. The property is designated for Residential Multifamily use, and utilities are paid by tenants. The asset is located at 5520-5530 Concord Road in Beaumont, Texas 77708, providing a defined address for multifamily ownership and operations.

Key Highlights

  • 24,064‑square‑foot apartment building
  • Constructed in 1983
  • Residential Multifamily zoning

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Electrical Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

666
Businesses Nearby

Demographics for 77708, TX

12,478
Population
5,505
Households
2.3
Avg Household Size
36
Median Age
17%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
1,076
Density / Sq Mi
$59,865
Median Household Income
$36,289
Median Earnings
$1,056
Median Rent
$167,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with tenant-paid utilities and Residential Multifamily zoning in Beaumont, Texas.
Where is this apartment building located?
The property is located at 5520-5530 Concord Road Beaumont, TX.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 24,064‑square‑foot apartment building; Constructed in 1983; Residential Multifamily zoning
(409) 833-5055 Call to check price and availability
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