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Property Details
- Property Type Multi-Family
- Property Size 138,547 SF
- Units 7
- Lot Size 7.36 Acre
- # of Floors 2
- Parking Spaces Avail. 130
- Parking Ratio 0.94 / 1,000 SF
- Year Built 1978
- Date Updated Sep 30, 2025
Significant Value-Add Opportunity: Strategic repositioning potential with upside well below market and replacement cost. Limited new units are expected in the submarket for the foreseeable future, creating near-term rent pressure and a favorable environment for rental growth.
Strong Submarket Fundamentals: Located in a high-performing submarket with 91.8% occupancy and projected rent growth of 3.3%. Average household income within one mile exceeds $74,000, supporting tenant stability and rent uplift. Over the past twelve months, rents in the Port Arthur submarket have grown 7.7%, while vacancy has compressed to 5.5%.
Replacement Cost Advantage: Acquisition basis is significantly below replacement cost, offering downside protection and long-term appreciation potential as construction costs rise.
Auctioneer Name: Lamar P. Fisher
Auctioneer License ID: 10344
Reserve: $3700000
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Port Arthur, TX
- Zip Code 77642
- Market Houston
Points of Interest
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Shell
0.99 miles
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Chevron
1.62 miles
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Valero
1.76 miles
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RaceWay
1.85 miles
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Exxon
2.11 miles
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Citgo
2.16 miles
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FCC Beaumont
9.20 miles
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Econo Lodge Inn & Suites Port Arthur near Sabine Pass
0.33 miles
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Motel 8
0.40 miles
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Southwinds Inn
0.43 miles
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Executive Inn
0.48 miles
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Seagull Motel
2.52 miles
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Suburban Studios Port Arthur
2.76 miles
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Days Inn & Suites by Wyndham Port Arthur
2.98 miles
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Best Western Plus Mid County
2.99 miles
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Aurora Bed & Breakfast
3.00 miles
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Americas Best Value Inn & Suites Port Arthur
3.01 miles
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H-E-B
0.50 miles
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Walmart Supercenter
0.72 miles
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Target
3.66 miles
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Central Mall
3.69 miles
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TJ Maxx
3.73 miles
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JCPenney
3.76 miles
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Market Basket
3.86 miles
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Ross
4.12 miles
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Walmart
8.28 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

RealINSIGHT Marketplace