CASH COW!! 65 Units in Corpus Christi, TX, $3,000,000
Interest for 🔥 CASH COW!! 65 Units in Corpus Christi, TX,
$3,000,000
160k fee
0 sq ft
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, &Corpus Christi, TX 78408
623 & 626 King St, Corpus Christi, TX 78401
Financials
https://www.dropbox.com/sh/4m92a3ea4blw26z/AADROqcAULcG4feNOdu7SRFqa?dl=0
Current Monthly Rents: $49,272
Monthly NOI: $40,759Yearly NOI: $489,108Current CAP Rate: 15.05
Potential Monthly Rents: $64,891
Monthly NOI: $50,944Yearly NOI: $611,335Potential CAP Rate: 18.81
Property Overview
75 bedrooms, 65 Baths
Zoned Multi-Family
737 Omaha Dr, Corpus Christi, TX, 78408
28 UNITS1x1816 sqft per unit Lot size 71,907 sqft
869 Omaha Dr, Corpus Christi, TX, 78408
8 UNITS1x1816 sqft per unitLot size: 20,550 sqft
902 Omaha Dr, Corpus Christi, TX, 78408
5 UNITS2x2 1080 sqft per unitLot Size- 11,076 sqft
901, 905, 907 Omaha Dr, Corpus Christi, TX, 78408
9 UNITS1x1816 sqft per unitLot Size: 11,076 sqft
910 Omaha Dr, Corpus Christi, TX, 78408
5 UNITS2x21089 sqft per unitLot Size: 14,360 sqft
623 King St, Corpus Christi, TX, 78401
5 UNITS1x14,058 sqftLot Size: 0.24 acres
626 King St, Corpus Christi, TX, 78401
5 UNITS1x11,760 sqftLot 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 OccupiedSome units renovatedNeeds some cosmetic workAll Tenants up to date on rentOwner only pays up to $50 a month in utilities and bills back the tenants
Photos
Interior
https://www.dropbox.com/sh/zto28zfvzwsjh6c/AAAD5PUfeD3jYuQG3l-Ian1Qa?dl=0
Exterior
https://www.dropbox.com/sh/zhw4nx1lofndczi/AADYmQYppwB5jlqcmJrm1RLKa?dl=0
Asking Price: $3,000,000
Closing Date: 5/13/22
Call or text Ash for more details on this 🌋HOT DEAL 713-489-1775 888-659-3242
