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Explore Similar Apartments Within 2 Miles of Rose City, TX

  • /32

    $890,000

    • 23 Beds
    • 4,520 Sq Ft

    875 Neches St, Beaumont, TX 77701

    Unique opportunity to own this multi-unit property with amazing cashflow! 23 unit property, all individual rooms, currently only 1 unit not occupied. At full occupancy: Gross annual income of $160,200. NOI after tax and insurance is $128,578.05. All utilities paid for by owner (roughly $11k in 2023). There are 4 bathrooms and 2 kitchens shared. Rent roll and P&L on file. Roughly 13% cap rate at

    John Arcana RE/MAX ONE -- 9000010

    875 Neches St, Beaumont, TX 77701
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