| Beds 24 | Baths 12 | 10,640 Sqft | 0.40 Acres |
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Property Description
Rare opportunity to acquire a 12-unit apartment building in
Corpus Christi for under $1M. Currently 30% occupied. It's an ideal repositioning
asset for an investor looking to capitalize on upside via renovation and lease-up. The
building is well-located with strong rental demand and market comps to support the
proforma assumptions. Significant upside through lease-up and stabilization.
General Information
Sale Price: $849,900
Price/SqFt: $80
Status: Active
MLS#: 468036
Post Office: corpus christi
Acres: 0.4
Lot Dimensions: -
Bedrooms:24
Bathrooms:12 (12 full, 0 half)
House Size: 10,640 sq.ft.
Acreage: 0.4 est.
Year Built: 1973
Property Type: Apartment
Style: -
Features & Room Sizes
Paved Road: -
Garage: -
Construction: -
Exterior Misc: -
Pool: Yes
Pool Description: None
Basement: -
Appliances: -
Cooling: Electric Central Air
Heating: Central Electric
Waste: Public Sewer
Watersource: Public
Community/Association Features
CommunityFeatures: -
Association Amenities: -
Tax, Fees & Legal
Legal Description: MEDFORD ACRES LT 3-B BK 1
HOA fees:
Information provided by South Texas MLS Listing information provided courtesy of the Corpus Christi Association of REALTORS
®. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Listing By: Wesson Assefa of AssetlyOne LLC, Phone: (469) 450-7037
