1 / 1844-Unit Multifamily in Corpus Christi, TX
Nueces County, TX · listed Jul 14, 2025 (471 days)
▼ Reduced 12% on Oct 12, 2026, was $5,000,000
- $/unit
- $100,000
- ▼ 0% vs TX · 49th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 44
- 1 bldg · 1954
Financials
- Asking price
- $4,400,000
- Price per unit
- $100,000
- Price per sq ft
- $180
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 44
- Unit mix
- 44 Micro Loft Units
- Buildings
- 1
- Year built
- 1954
- Building size
- 24,384 sq ft
- Avg unit size
- 554 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Available
Listing
- Listed
- Jul 14, 2025
- Days on market
- 471 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 12, 2026: $5M → $4.4M
- Location
- Approximate (~0.5 mi)
- Listing #
- 2199
About this property
Located in the heart of downtown Corpus Christi, this property is positioned to capture strong demand from the city’s medical, legal, government and service-sector workforce. This building offers 44 fully renovated micro lofts with contemporary finishes, efficient layouts and strong tenant appeal. The property sits on a corner lot and includes a surface parking lot with 27 spaces located catty-corner from the building, guaranteeing valuable off-street parking in a dense urban submarket.
Why Micro-Units Work Here:
- Strong demand from traveling professionals
- Limited quality affordable options in immediate downtown area
- Lower turnover rates and lower operating costs
- Diversified tenant base reduces risk
Next Steps:
A high-level financial snapshot is available upon request. Full financials, rent roll and supporting documents can be provided after NDA execution. Contact David Heitzman at or
OWNER FINANCING AVAILABLE
44 Micro-Lofts | OWNER FINANCING AVAILABLE
Highlights
- Prime Downtown Location – Situated in the heart of Corpus Christi’s Central Business District with walkable access to restaurants, entertainment and the bayfront.
- Fully Renovated in 2018 – Extensive modernization of interiors and common areas while maintaining structural integrity and character.
- 44 Micro Loft Units – Efficient, well-designed studio apartments ranging from 265–500 SF, ideal for modern urban living.
- Harbor Bridge & Bay Views – Many units offer striking views of the iconic Harbor Bridge and Corpus Christi Bay.
- On-Site Amenities – Includes a courtyard with Zen garden, gas grill, fireplace, bike storage and a community refrigerator/freezer for deliveries.
- Lobby Coffee Bar & Mail Center – 24/7 coffee bar and secured mail and parcel area for tenant convenience.
- Off-Street Parking – 0.31 acre surface parking lot catty-corner from the building; parking included for all units.
- CBD Zoning – Flexible Central Business District zoning allows for continued multifamily use or future redevelopment opportunities.
- Strong Rental Demand – Capitalizes on increasing demand for affordable, modern housing in a revitalizing downtown corridor.
- Turnkey Investment – Stabilized asset with minimal deferred maintenance, ready for immediate cash flow.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Corpus Christi, TXNew | $975K | $41K$41K | — |
 Corpus Christi, TXNew | $679K | $97K$97K | — |
 Corpus Christi, TXNew | $1.09M | $91K$91K | — |
 Corpus Christi, TX | $3.9M | $118K$118K | 6% |
 Portland, TXStabilized | $1.32M | $133K$133K | 6.3% |
 Corpus Christi, TXValue-add | $1.9M | $70K$70K | — |