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2290 N ST
BEAUMONT, TX 77701
Asking Price
$1.30M
Cap Rate
7.24%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Fully Leased 12 Unit Complex <p><span style="color: rgba(0, 0, 0, 1)">Fully leased 12-unit multifamily property in Beaumont’s Historic District offering strong in-place income and consistent occupancy. All</span></p><p><span style="color: rgba(0, 0, 0, 1)">units are 2-bedroom, 1-bath and have been updated while still maintaining their original charm. Each building features washer and dryer</span></p><p><span style="color: rgba(0, 0, 0, 1)">units for tenant convenience. Built in 1929 and remodeled, this property provides imm
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712
