Skip to main content

Multifamily

Avery Trace

4020 FM 365, Port Arthur, TX 77642

Listing Price: Request For Offer

Number of Units
310
Gross SF
301,590

Investment Overview

Avery Trace is an affordable apartment community in Port Arthur, Texas, built in 1975 with 310 units across nineteen two- and three-story buildings. The property offers eight floorplans, ranging from one- to three-bedroom layouts (660–1,320 sq. ft.), designed for comfort and convenience. Apartments feature open floorplans, fully equipped kitchens with black appliances, plank flooring, accent walls, ceiling fans, walk-in closets, and private balconies. Community amenities include a swimming pool, BBQ and picnic areas, playground, green space, laundry facilities, carports, on-site management, and a clubhouse with a kitchen, business center, fitness room, and TV lounge.

Avery Trace is located in Port Arthur, part of the Golden Triangle in southeast Texas Houston lies about 85 miles to the west and Lake Charles, Louisiana lies about 60 miles to the east. Avery Trace is strategically situated in the northern part of Port Arthur, just ten miles south of downtown Beaumont. It is a quiet, suburban property closely surrounded by employment opportunities, a strong retail presence, and recreational activities. Within just a few miles, residents can find several schools and parks, a plethora of restaurant and eateries, and much more. The apartments are located directly off of Highway 287/US96, giving residents easy means to everything Port Arthur and Beaumont has to offer as well as interregional access. Avery Trace is a unique offering providing investors with upside potential and long-term value appreciation.

Investment Highlights

  • 310 LIHTC Units that are 100% Affordable based on 60% or less of the Area Median Gross Income
  • Property is being offered at an attractive basis, well below replacement cost
  • Strong opportunity for operational and physical value-add

Exclusively Listed By

Financing By

Multifamily

Avery Trace

Listing Price: Request For Offer

Number of Units
310
Gross SF
301,590

Investment Highlights

  • 310 LIHTC Units that are 100% Affordable based on 60% or less of the Area Median Gross Income
  • Property is being offered at an attractive basis, well below replacement cost
  • Strong opportunity for operational and physical value-add

Investment Overview

Avery Trace is an affordable apartment community in Port Arthur, Texas, built in 1975 with 310 units across nineteen two- and three-story buildings. The property offers eight floorplans, ranging from one- to three-bedroom layouts (660–1,320 sq. ft.), designed for comfort and convenience. Apartments feature open floorplans, fully equipped kitchens with black appliances, plank flooring, accent walls, ceiling fans, walk-in closets, and private balconies. Community amenities include a swimming pool, BBQ and picnic areas, playground, green space, laundry facilities, carports, on-site management, and a clubhouse with a kitchen, business center, fitness room, and TV lounge. Avery Trace is located in Port Arthur, part of the Golden Triangle in southeast Texas Houston lies about 85 miles to the west and Lake Charles, Louisiana lies about 60 miles to the east. Avery Trace is strategically situated in the northern part of Port Arthur, just ten miles south of downtown Beaumont. It is a quiet, suburban property closely surrounded by employment opportunities, a strong retail presence, and recreational activities. Within just a few miles, residents can find several schools and parks, a plethora of restaurant and eateries, and much more. The apartments are located directly off of Highway 287/US96, giving residents easy means to everything Port Arthur and Beaumont has to offer as well as interregional access. Avery Trace is a unique offering providing investors with upside potential and long-term value appreciation.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower