Exceptionally maintained and updated 8 unit apartment building. All units rented with stable tenants-owner occupies one unit negotiable on leasing back, vacating or leasing prior to closing. Rents recently increased but there is room to increase rents further to keep up with market rates. All AC units have been replaced in the last 4 years. The roof and back awning are rated with WP8 at 160 mph. All windows were replaced with shatterproof glass. Quartz counters, updated cabinets in all units installed in 2018. All units complete with all appliances: built in microwave, refrigerators with ice makers, electric range, dishwasher, and combo washer dryers. Price based on 9.36% cap rate
Bedrooms16 |
Bathrooms8 |
Square Feet7456 |
Year Built1984 |
Car Parking- |
If you would like to see this property, please don't hesitate to contact me.
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Copyright 2025 Corpus Christi Association of REALTORS. All rights reserved. The information provided hereby constitutes proprietary information of Corpus Christi Association of REALTORS, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from Corpus Christi Association of REALTORS, Inc. Listing By: Margaret Jones of AustinSA Real Estate Services