UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 14,388 sqft
Price per Sqft $67
Subdivision South End
MLS Listing ID 481447
HOA Y/N No
Year Built 1925
Annual Tax Amount $9,091
Lot Size 1.280 Acres
Acres 1.28
Property Sub-Type Apartment
Property Description
Opportunities like this don't come to market every day. This 24-unit apartment complex offers investors the chance to acquire a well-positioned multifamily asset just minutes from Corpus Christi Bay and downtown Corpus Christi. The property features a diverse unit mix of studios, one-bedroom, and two-bedroom apartments, creating flexibility to serve a broad tenant base. Additional value comes from on-site storage and 14 covered parking spaces. There is also an opportunity to further increase income and operational efficiency. One unit could be utilized for on-site management, converted into a dedicated laundry facility to generate additional revenue, or leased as an additional studio apartment. The property has already benefited from numerous capital improvements, including exterior paint, new roofs, updated electrical panels, and plumbing repairs—helping position the asset for its next phase of ownership. For seasoned investors, this is an opportunity to add a 24-unit multifamily property in a desirable Corpus Christi location with existing improvements, multiple income-enhancement possibilities, and potential for continued value creation. Add this established multifamily asset to your portfolio and capitalize on the opportunity to maximize its income-producing potential.
Location
State TX
County Nueces
Interior
Interior Features Other, Window Treatments
Heating Gas, Window Unit
Cooling Central Air, Window Unit(s)
Flooring Carpet, Hardwood, Laminate
Fireplace No
Appliance Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator, Range Hood
Laundry Other
Exterior
Parking Features Asphalt, Concrete, Carport, Gravel, Rear/Side/Off Street
Utilities Available Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Flat,Shingle
Building
Lot Description Other
Story 2
Entry Level Two
Foundation Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
Elementary Schools Allen
Middle Schools Driscoll
High Schools Miller
School District Corpus Christi Isd
Others
Tax ID 817100020070
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/cor/481447
