Investment Overview

Verandas of Beaumont is an apartment community located in Beaumont, Texas. Built in 1955, and extensively renovated in 2022. Verandas of Beaumont consists of 100 units and offers four floorplans: one-bedroom/one-bathroom measuring 516 square feet, two-bedroom/one-bathroom measuring 800 square feet, threebedroom/ one-bathroom measuring 900 square feet, and a four-bedroom/ one-bathroom measuring 1,056 square feet. The community boasts outstanding amenities such as a clubhouse with a business center, a playground, a picnic area, and a fully gated entrance. Residents also enjoy free Direct TV and on-site management. The apartments feature stainless steel appliances, in unit washers and dryers, new energy-efficient windows, LED lighting, and custom cabinetry. Verandas of Beaumont is focused on providing residents with a comfortable and convenient place to call home. In addition to the numerous on-site amenities, the assets’ prime location in Beaumont provides residents with easy interregional access to Interstate 96, and Interstate 10. The complex is closely surrounded by employment opportunities, various restaurants, and a very strong retail presence with Target, Walmart, The Home Depot, Starbucks, and Westbrook Shopping Center all about a mile away. Additionally, the elementary, middle, and high schools are all located within a 10-minute drive from the property.