615-619 S Tancahua St

Corpus Christi, TX 78401

About this property

24-Unit Multifamily Investment Opportunity Near Downtown Corpus Christi & the Bay Opportunities like this don't come to market every day. This 24-unit apartment complex offers investors the chance to acquire a well-positioned multifamily asset just minutes from Corpus Christi Bay and downtown Corpus Christi. The property features a diverse unit mix of studios, one-bedroom, and two-bedroom apartments, creating flexibility to serve a broad tenant base. Additional value comes from on-site storage and 14 covered parking spaces. There is also an opportunity to further increase income and operational efficiency. One unit could be utilized for on-site management, converted into a dedicated laundry facility to generate additional revenue, or leased as an additional studio apartment. The property has already benefited from numerous capital improvements, including exterior paint, new roofs, updated electrical panels, and plumbing repairs-helping position the asset for its next phase of ownership. For seasoned investors, this is an opportunity to add a 24-unit multifamily property in a desirable Corpus Christi location with existing improvements, multiple income-enhancement possibilities, and potential for continued value creation. Add this established multifamily asset to your portfolio and capitalize on the opportunity to maximize its income-producing potential.

About this property

24-Unit Multifamily Investment Opportunity Near Downtown Corpus Christi & the Bay Opportunities like this don't come to market every day. This 24-unit apartment complex offers investors the chance to acquire a well-positioned multifamily asset just minutes from Corpus Christi Bay and downtown Corpus Christi. The property features a diverse unit mix of studios, one-bedroom, and two-bedroom apartments, creating flexibility to serve a broad tenant base. Additional value comes from on-site storage and 14 covered parking spaces. There is also an opportunity to further increase income and operational efficiency. One unit could be utilized for on-site management, converted into a dedicated laundry facility to generate additional revenue, or leased as an additional studio apartment. The property has already benefited from numerous capital improvements, including exterior paint, new roofs, updated electrical panels, and plumbing repairs-helping position the asset for its next phase of ownership. For seasoned investors, this is an opportunity to add a 24-unit multifamily property in a desirable Corpus Christi location with existing improvements, multiple income-enhancement possibilities, and potential for continued value creation. Add this established multifamily asset to your portfolio and capitalize on the opportunity to maximize its income-producing potential.

Features and Additional Information

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$975,000 Active
0 Bed(s)
0
Baths
14,388 sqft

Presented By CB StageCoach

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RE/MAX ELITE
1-361-777-7653
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Area Information

| Nueces County | South End

$ 975,000
This listing is play_arrow 99.8% higher than the average in the area
$ 487,925 in the area
14,388 SqFt
This listing is play_arrow 91.4% larger than the average in the area
7,519 SqFt in the area
$ 68 $/SqFt
This listing is play_arrow 96.2% more than the average in the area
$ 35 $/SqFt in the area
16 days on site
This listing is play_arrow 86.0% below the average in the area
115 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Matthew Forrester
Brokerage: RE/MAX ELITE

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