6300 Old Brownsville RdCorpus Christi, TX 78417
- Residential income properties
- 90.00 AC
Property Details for 6300 Old Brownsville Rd
- Year built
- 2024
- Lot size
- 90.00 AC
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional 90-acre development opportunity in Corpus Christi, Texas, presents a fully entitled mobile home park with 481 permitted pads. Located at 6300 Old Brownsville Rd, 78417, in Nueces County, this fee-simple property boasts a prime location directly across from a consistently full national brand mobile home community. The site is zoned for manufactured homes and offers city water and sewer access. With a developable area of 74.8 acres, adhering to flood zone requirements, this shovel-ready development is ready for immediate construction. Lot sizes range from 45' x 110' on interior pads to 50' x 110' on boundary pads. The property includes 90 of the 95 total acres, with the remaining 5 acres not conveyed at closing. Detailed due diligence materials, including civil engineering plans, are available. This Class B property offers a compelling value-add investment opportunity with a 10% cap rate and an asking price of $3,200,000. The property's zoning also allows for the development of up to 323 single-family homes, providing additional flexibility for the buyer. Flexible purchase options, including seller financing or seller equity contributions, may be considered. The property's APN is 3895-0004-0310. Built in 2024, this is a rare opportunity to acquire a fully entitled, shovel-ready development site in a high-demand location.
Location Insight
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Latitude
- 27.7379
- Longitude
- -97.4839
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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