1 / 527-Unit Multifamily in Corpus Christi, TX
Nueces County, TX · listed Feb 11, 2026 (258 days)
- $/unit
- $70,370
- ▼ 30% vs TX · 24th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 27
- 1 bldg
Financials
- Asking price
- $1,900,000
- Price per unit
- $70,370
- Price per sq ft
- $95
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 75%
As stated by the seller. Verify during due diligence.
Building
- Units
- 27
- Unit mix
- twelve 1-bedroom units, fourteen 2-bedroom units, and one 3-bedroom unit
- Buildings
- 1
- Year built
- Not stated
- Building size
- 20,099 sq ft
- Avg unit size
- 744 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Feb 11, 2026
- Days on market
- 258 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1853
About this property
Located at (address on request), this 27-unit multifamily investment presents a value-add opportunity in the growing Calallen/Northwest Corpus Christi submarket. The property consists of three buildings with a diversified unit mix of twelve 1-bedroom units, fourteen 2-bedroom units, and one 3-bedroom unit, catering to a broad tenant base. The asset is currently operating at approximately 75% occupancy (as-is), providing immediate upside through lease-up and operational optimization.
In addition to the existing multifamily improvements, the offering includes ±1 acre of undeveloped commercial land, creating optionality for future development, expansion, or alternative income strategies. Income figures reflect the current as-is condition per the provided Excel rent roll, allowing investors to implement their own renovation, repositioning, or management strategy to drive increased cash flow and long-term appreciation.
27-UNIT VALUE-ADD MULTIFAMILY WITH DEVELOPMENT LAND IN NW CORPUS CHRISTI
Highlights
- Value-add opportunity with upside through lease-up, renovations, and NOI growth at ~75% occupancy
- 27-unit multifamily asset with a diverse 1-, 2-, and 3-bedroom unit mix
- ±1 acre of additional commercial land for future development or income potential
- Located in the growing Calallen / Northwest Corpus Christi submarket
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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