Sands Investment Group is pleased to exclusively offer for sale the Pipkin Apartments, a 10-unit multifamily property located at 640 E Pipkin St in Beaumont, TX. With a favorable unit mix, this 10-unit multifamily property in Beaumont, TX, presents a strong value-add investment opportunity, with current below-market rents and an estimated $100 per unit in achievable rental upside. The asset features a desirable mix of one and two-bedroom units, appealing to a broad tenant base in a high-demand rental market. Recent renovations include fresh interior and exterior paint, new doors, new flooring, an updated roof, new stoves and refrigerators, and upgraded plumbing and electrical systems. With continued economic expansion in the area, the property is well-positioned for sustained cash flow and rental growth.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481