3580 S MLK JR PKWY, BEAUMONT, TX 77705
The Beauparte Apartments, is a two story, garden-style, brick apartment community located in Beaumont, Texas. The asset was built in 1985. Resident amenities include: mini-blinds, kitchen pantries, ceiling fans, patios and balconies.
Currently there are no reported leasing concessions.
The property has been in lease up and undergoing rehab. Close to Lamar University, a major area employer with students 15,460 students enrolled as of 2019, per Google.
The occupancy continues to rise. Approximately 5-10% of the tenants are on HAP.
Per owner, the property has only 1 office staff member and employs 1 1099 maintenance contractor.
The laundry equipment is leased.
Tom Wilkinson has performed real estate marketing serves for institutional and individual investors since 1972. He has a BA in Mathematics from Rice University and an MBA in Real Estate Investments from the University of Texas. In addition to brokering real estate, Tom previously owned and operated more than 80 properties. Tom has successfully marketed properties for and to dozens of individual, business and institutional sellers and buyers, including REO properties for the RTC, FNMA and FreddieMac.