1501 Poole Ave - Apartments FOR SALE
Port Arthur, TX 77642 |
1501 Poole Ave
Port Arthur, TX 77642
HIGHLIGHTS
- The Pointe Apartments offers 226 units with proven renovation upside, 153 units already upgraded with modern interiors including flooring, cabinetry,
- Current ownership has invested over $1.7 million, enhancing property quality and operational performance.
- Acquire at a significant discount to today’s construction cost, creating immediate equity value and strong basis protection.
- Rent growth and occupancy are trending upward as demand for renovated units strengthens.
- The Beaumont-Port Arthur MSA led Texas’ small metros in job growth at 4.9% in 2024, with employment still rising into 2025.
- Major employers are investing tens of billions in long-term infrastructure, including Chevron Phillips, Sempra LNG, and Motiva/Valero, driving job cre
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
The Pointe
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
187200
STORIES
2
YEAR BUILT
1967
PARKING SPACES
279
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
021450-000-001100-00000,021450-000-001500-00000
