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Property Details
- Property Type Other
- Property Size 186,926 SF
- Units 226
- Year Built 1967
- Date Updated Aug 15, 2025
The Pointe Apartments, located at 1501 Poole Avenue in Port Arthur, Texas, presents a compelling value-add investment opportunity within a thriving industrial-driven submarket. Built in 1967 and extensively renovated from 2020 to 2021 with a $1.7 million capital improvement program, this garden-style multifamily community comprises 226 units spread across 14 two-story buildings on approximately 10.33 landscaped acres. The property offers a diversified unit mix of spacious one-, two-, and three-bedroom layouts, featuring upgraded interiors with stainless steel appliances, stylish vinyl flooring, and generous walk-in closets.
Residents benefit from desirable amenities such as a renovated fitness center, modern clubhouse with lounge, business center, laundry facilities, and controlled access, all complemented by responsive on-site management and maintenance. Situated strategically near downtown Port Arthur, Pleasure Island, Sabine Lake, and key employment hubs including maritime and refinery industries, The Pointe enjoys stable housing demand and presents immediate upside potential through vacancy lease-up and further rent growth opportunities. Currently positioned below local market rental rates, the asset offers investors attractive returns and significant future appreciation prospects in a market anchored by consistent economic fundamentals.
Reach out to the broker for more info on lease terms and amenities
Highlights
- $172.7 million in deepening and expansion projects are transforming the Port of Port Arthur into a next-gen energy and logistics hub.
- Acquire at a significant discount to todays construction cost, creating immediate equity value and strong basis protection.
- Current ownership has invested over $1.7 million, enhancing property quality and operational performance.
- Local government and school bond investments signal confidence in long-term population and economic growth.
- Major employers are investing tens of billions in long-term infrastructure, including Chevron Phillips, Sempra LNG, and Motiva/Valero, driving job creation and housing demand.
- Rent growth and occupancy are trending upward as demand for renovated units strengthens.
- The Beaumont-Port Arthur MSA led Texas small metros in job growth at 4.9% in 2024, with employment still rising into 2025.
- The Pointe Apartments offers 226 units with proven renovation upside, 153 units already upgraded with modern interiors including flooring, cabinetry, countertops, and appliances.
Getting around
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3/100
Walk Score ®
-
29/100
Bike Score ®
Location
- City Port Arthur, TX
- Zip Code 77642
Points of Interest
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Chevron
1.25 miles
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Exxon
1.54 miles
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Shell
2.18 miles
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Citgo
2.90 miles
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Valero
3.04 miles
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RaceWay
3.07 miles
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Seagull Motel
0.88 miles
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Executive Inn
2.10 miles
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Southwinds Inn
2.19 miles
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Motel 8
2.24 miles
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Econo Lodge Inn & Suites Port Arthur near Sabine Pass
2.37 miles
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Aurora Bed & Breakfast
3.06 miles
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Suburban Studios Port Arthur
4.81 miles
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Days Inn & Suites by Wyndham Port Arthur
5.02 miles
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Best Western Plus Mid County
5.02 miles
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Americas Best Value Inn & Suites Port Arthur
5.06 miles
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H-E-B
1.58 miles
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Walmart Supercenter
2.70 miles
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Market Basket
5.19 miles
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Target
5.66 miles
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Central Mall
5.68 miles
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TJ Maxx
5.73 miles
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JCPenney
5.76 miles
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Ross
6.14 miles
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Walmart
7.24 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.
