$659,000
2401 5th St, Port Arthur, TX 77640
Current Rent **
$5,175
Projected Rent **
$7,000
🔥10+ CAP Potential - 8-Unit Apartment in Port Arthur, TX🔥
2401 5th St, Port Arthur, TX 77640
Property Overview
8-Unit Apartment Complex
5,016 sqft
8 beds / 8 baths (total)
1962 build
Lot size: 0.2 acres
Some units have been fully remodeled!!
Rental Summary
Current Monthly Rent: Pending Leases
Potential Monthly Rent: $7,000
Financials & Pro Forma
https://www.dropbox.com/sh/cp65dh1q40v2ytm/AACh19ZxSmxDEKtPUtuD8OK5a?dl=0

Walkthrough Video
https://www.dropbox.com/sh/t4eak6z4k14v16f/AABSAsw6OQYs1vt0RC5xVR7Sa?dl=0
Property Condition
Age of Roof: Replaced 2021 (metal roof)
Anything Else:
2 units have been fully remodeled
1 water meter
Electric individually metered
Window units
More Photos
https://www.dropbox.com/sh/0dn9ha0jr4quf7s/AAAda-LKoRjo022J29UPKN00a?dl=0
Asking Price: $659,000
Closing: 10-27-2022 or sooner
Call or text Isaiah for more details on this 🌋HOT DEAL!🌋
(210) 972-8565
Click the BUY IT NOW button to lock this one down and avoid bidding wars ⚔️
Location:
2401 5th St, Port Arthur, TX 77640
Report Abuse
* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
Only paying BiggerPockets members can do this!
Upgrade your account to a Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!