West End Crossing_Propriété à vendre
West End Crossing_Propriété à vendre
6550 Phelan Boulevard, Beaumont, TX, 77706, US

West End Crossing

Descriptif

Jones Lang LaSalle (“JLL”) is pleased to present West End Crossing, a 264-unit multifamily community located within Southeast Texas’ renowned Golden Triangle. This distinguished asset features a variety of spacious one, two, three and four-bedroom floor plans designed to accommodate a diverse range of residents, from families to professionals. Strategically located near Beaumont’s most prominent amenities, West End Crossing offers residents unparalleled convenience to major retail centers including Parkdale Mall, Kroger, H-E-B, and Walmart Supercenter Residents benefit from a vast selection of leisure options, including nearby green spaces, recreational facilities, fitness centers, and popular entertainment venues, as well as convenient access to leading medical facilities and lifestyle services.


The property benefits from seamless connectivity to Interstate 10 which facilitates smooth commutes to central employment hubs throughout Beaumont and the Golden Triangle. With significant value-add potential through interior renovations, West End Crossing is well-positioned to capture upside in a stable submarket backed by strong local fundamentals. The combination of established demand drivers, exceptional location advantages, and opportunities for operational improvement make West End Crossing a compelling multifamily investment within one of Southeast Texas’ key regional corridors.

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Attributs

Property Style
Garden
Nombre d'unités
264
Année de construction
1968
Superficie du terrain brute
965 mètres carrés
Rentable SF
224,413

Média

Points forts de l'investissement

  1. Lender-Driven Sale with strong in-place cash flow and growth trajectory
  2. Net rental income has increased over 10% since lender took over
  3. Compelling Rent Upside driven by favorable submarket fundamentals and impressive competitive set
  4. Effective rents in Beaumont/Port Arthur have increased ~30% from 2020 to 2025
  5. West End Crossing’s effective rents are approximately $200 below its direct competitors
  6. Significant Capital Improvements completed
  7. Over $1.2M invested in the last twelve months (since takeover), including upgrades to unit interiors, exteriors, and common areas
  8. Additional Income Opportunities
  9. 211 carports currently collect no parking charges
  10. Potential to increase NOI by over $50,000 by implementing a $25/month fee on 90% of carports


West End Crossing 4_Propriété à vendre
West End Crossing 4_Propriété à vendre

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Dernière mise à jour
22 janv. 2026