For Sale
$899,900

6513-6519 Long Meadow DrCorpus Christi, TX 78413

7-Unit Apartment Building, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 7-unit apartment building in Corpus Christi, Texas presents a compelling investment opportunity. Boasting a 95% occupancy rate, this property generates strong rental income. The 6,795 square foot building, constructed in 1977, sits on a spacious 22,675 square foot lot and features a mix of one and two-story units across four buildings. The property benefits from a convenient location near retail, restaurants, hospitals, and even the beach, enhancing tenant desirability and rental potential. City utilities and a slab foundation minimize maintenance concerns. The multi-family zoning allows for flexibility, and the 100% ownership provides complete control. This property is ideally situated near a country club golf course and an airport, further enhancing its appeal to a wide range of tenants. The building's strong performance and prime location make it an attractive investment for those seeking a stable and potentially high-growth asset in a desirable Texas market. The asking price is $899,900. This is a turnkey operation with significant upside potential.

Highlights

  • $899,900 asking price for this 7-unit multifamily property.
  • 6,795 square feet of net rentable space.
  • 95% occupancy rate.
  • Seven units in four buildings, two stories each.
  • Built in 1977 on a 22,675 square foot lot in Corpus Christi, TX.

Property Details for 6513-6519 Long Meadow Dr

Property type
Apartment buildings
Year Built
1977
Buildings
4
Stories
2
Units
7

Location Insight

City
Corpus Christi
County
Nueces
State
Texas
Latitude
27.6889567
Longitude
-97.3934252
6513-6519 Long Meadow Dr, Corpus Christi, Texas

FAQs

What type of property is this?
Apartment building - 7-Unit Apartment Building, High Occupancy
Where is the apartment building located?
The property is located at 6513-6519 Long Meadow Dr Corpus Christi, TX.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: $899,900 asking price for this 7-unit multifamily property.; 6,795 square feet of net rentable space.; 95% occupancy rate.
How can I contact the broker?
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6513-6519 Long Meadow Dr
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