OFF MARKET Distressed Assets
Your Inside Track to Bank-Direct Deals and Properties.
Portfolios of single family homes, development opportunities, multifamily, healthcare, apartment buildings, commercial including shopping centers and offices, notes, REOs.
To obtain financials and more details, Proof of Funds (POF), Letter of Interest (LOI) and NDA will be required.
| Photo |  |
|---|---|
| Property Type | Multifamily (5+) |
| Location | Beaumont, Texas |
| Title | 10 Defaulted Apartment Building Portfolio Totaling 170 Units in 10th Largest City in Texas |
| Summary | Defaulted 170 Unit Multi Family Portfolio in 10 Buildings in Beaumont Texas |
| Details | Portfolio is made up of 10 multi family apartments all located within blocks of each other in the South Park Section of the City within 10 minutes of Downtown, which have all went thru a series of renovation over the past 2 years. Beaumont is located 1 hour east of Houston and ranked the 10th largest city in the state of Texas. |
| Note Details | Total Original Loan Amount $10,936,000 |
| Current Unpaid Balance | $11,396,269.00 |
| Date Updated | December 9, 2024 |