27 UNITS - CORPUS CHRISTI
| Jeff Smith (361)949-3300 |  |
27 UNITS - CORPUS CHRISTI
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| Commercial Listings - Basic Features | |||||
| List Price: | $795,000 | List Date: | 11/01/2007 |  | 9850 La Branch Drive corpus christi, TX 78410 |
| Status: | Active | ||||
| Additional Information |
| 27 unit apartment complex in NW Corpus Christi, Built in the 1960's and 1970's, pitched roofs, brick and wood exteriors, covered parking for some units, average condition, blue collar tenant profile, maintains high occupancy, month to month rents for easy rent increases, individually metered for gas and electricity, good income from 3 washers and dryers on the property, large storage building, adjoins Tuloso Midway middle school and a city park with pool, good cash on cash return with a new loan, 11% proforma cap rate, 20% cash on cash return, call for a complete package |
