Lance Eckhart Acquires Multifamily Property In Beaumont For $3.175M

A multifamily property located at 1 Beaumont Avenue in the Beaumont market has been sold for a total price of $3,175,000. The property consists of 180 single-family residences with a combined total square footage of 3,179,880. The sale price per square foot is $1. The property spans across 73 acres of land, resulting in a price per land acre of $43,493.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,175,000
• Square Footage: 3,179,880
• Price per Square Foot: $1
• Land Acres: 73
• Price per Land Acre: $43,493

The buyer of the property is Lance Eckhart, while the seller is Chet Diamond. The deal was facilitated by Jake Plewa of Remax, who represented both parties throughout the transaction.