Asset Description

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•    Garden style community
•    14 buildings, 1981 construction, 232 apartments
•    B+ level asset
•    Tenant base consisting mainly of singles and couples working in a variety of industries in the greater Beaumont area

Geographic Selection Criteria

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•    Beaumont/Port Arthur Region
•    Easy access to the region's employment centers via interstate highway
•    Close proximity to the region's multi-billion dollar energy & petrochemical infrastructure, the largest regional mall in
      the area and Lamar University

Transaction Highlights

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•    Sold February 2020

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