Huntington Park | 6250 Ivanhoe Ln
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Huntington Park 6250 Ivanhoe Ln
92 Unit Block of Flats For Sale Beaumont, TX 77706
Investment Highlights
- High Historical Occupancy and Large Concentration of Long-Term Residents
- Prime Location just Off Downlen Road, A Major Thoroughfare
- Robust Multifamily Market with Limited Supply Pressure
- Proven Value-Add Potential with Upside Remaining
- Affluent Surrounding Demographics
Executive Summary
Newmark has been exclusively retained to represent the Seller in the disposition of Baytree. All inquiries about the Offering or the Property should be directed to Newmark. Property is being offered on both an “All Cash” basis to qualified purchasers. Prospective purchasers will have the opportunity to visit the Property through scheduled tours with Newmark. Please do not contact the on-site management directly.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 4.74 AC |
| No. Units | 92 | Building Size | 85,222 SF |
| Property Type | Residential | Average Occupancy | 95% |
| Property Subtype | Apartment | Number of Floors | 2 |
| Apartment Style | Garden | Year Built | 1971 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 92 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.74 AC |
| Building Size | 85,222 SF |
| Average Occupancy | 95% |
| Number of Floors | 2 |
| Year Built | 1971 |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Refrigerator
- Oven
Site Amenities
- Courtyard
- Laundry Facilities
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 44 | - | 733 |
| 2+1 | 24 | - | 933 |
| 2+2 | 24 | - | 1,038 |
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Huntington Park | 6250 Ivanhoe Ln
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