Investment Highlights
- 176 Value-Add Units in Beaumont, Texas: Halfway Between Houston and Lake Charles
- Strategic Location: Two Miles from Beaumont's Major Retail Hubs – Parkdale Mall and the Dowlen Road Retail Corridor
- Consistently Strong Historical Performance: 95% Average Occupancy in Trailing 12 Months with Recent Trade-Outs Averaging 5.8%
- Value-Add Opportunity: Ability to Implement Proven Unit Enhancement Program on All Units to Achieve $150+ Premiums
- Nearby Competitors: Achieving Approximately $230 Above Breakwater Bay Within One Mile Radius
- Significantly Supply Constrained Market: Average Submarket Occupancy of 95% with Zero Units Under Construction
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Breakwater Bay
