6250 Ivanhoe Ln - 6250 Ivanhoe Ln, Beaumont, TX 77706

▶ All units appear to be $100 below market. New owner could increase NOI by bringing units to “market”. This would result in an additional $110,000 of revenue annualy.. ▶ 56 out of 92 units are upgraded. Upgrading 36 units to "property's current market rents" would increase annual NOI by nearly $50,000. In addition there are 24 units currently equipped with washer and dryers. New owner could install W/D in remaining 12 units which would result in NOI increase of $15,000 for total NOI increase of $65,000.. ▶ Water conservation devices need to be installed saving an estimated $32K in water.. ▶ New owner could charge for covered parking. There are 92 covered parking spots. Charging $45 for the usage of 50 would increase NOI by $27,000.. ▶ Property is currently being run “all bills paid”. New owner could charge $50 per unit for valet trash and pest control increasing NOI by nearly $5,000.. ▶ Property qualifies for attractive agency debt. Please contact the broker for details.