New Listing24-Unit Multifamily Investment Opportunity Near Downtown Corpus Christi & the Bay 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.
| MLS # | 481447 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 5 |
| Listing Provided By | RE/MAX ELITE | Matthew Forrester |
| SQ Feet | 14,388 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Acreage | 1.28 |
| Lot Features | Other |
|---|
| Parking Features | Asphalt, Concrete, Carport, Gravel, Rear Side Off Street |
|---|
| Tax Annual Amount | 9091 |
|---|
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78401 |
| Community Name | South End |
| Listing VS Median (in South End) | |
Price: $975,000 low | high Med: $0 On site: 5 low | high Med: | |
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78401 |
| Community Name | South End |
| Listing VS Median (in South End) | |
Price: $975,000 low | high Med: $0 On site: 5 low | high Med: | |