Multifamily deal

65 UNIT BUNDLE DEAL! As is 15 CAP!!
Potential of a 18+ cap!!

Here is your chance to buy a great Multi-Family property that’s bringing in SERIOUS cash flow!

737, 869, 901, 902, 905, 907, & 910 Dr, Corpus Christi, TX 78408

623 & 626 St, Corpus Christi, TX

Current Monthly Rents: $49,272

Monthly NOI: $40,759
Yearly NOI: $489,108
Current CAP Rate: 15.05

Potential Monthly Rents: $64,891

Monthly NOI: $50,944
Yearly NOI: $611,335
Potential CAP Rate: 18.81

Property Overview

75 bedrooms, 65 Baths

Zoned Multi-Family

737 Omaha Dr, Corpus Christi, TX, 78408

28 UNITS
1x1
816 sqft per unit
Lot size 71,907 sqft

869 Dr, Corpus Christi, TX, 78408

8 UNITS
1x1
816 sqft per unit
Lot size: 20,550 sqft

902 Dr, Corpus Christi, TX, 78408

5 UNITS
2x2 1080 sqft per unit
Lot Size- 11,076 sqft

901, 905, 907 Dr, Corpus Christi, TX, 78408

9 UNITS
1x1
816 sqft per unit
Lot Size: 11,076 sqft

910 Dr, Corpus Christi, TX, 78408

5 UNITS
2x2
1089 sqft per unit
Lot Size: 14,360 sqft

623 St, Corpus Christi, TX, 78401

5 UNITS
1x1
4,058 sqft
Lot Size: 0.24 acres
626 St, Corpus Christi, TX, 78401

5 UNITS
1x1
1,760 sqft
Lot Size: 0.17 acres

Property Details

Here is your chance to buy a great Multi-Family property that’s bringing in SERIOUS cash flow!

Fully Occupied
Some units renovated
Needs some cosmetic work
All Tenants up to date on rent
Owner only pays up to $50 a month in utilities and bills back the tenants

Photos

Interior

Exterior

Asking Price: $3,950,000

Need proof of funds and earnest money or we can partner