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Brilliant Value-add opportunity for a savvy investor to add to their rental portfolio. This 7 unit apartment complex has individually metered electrical boxes for each unit. Landlord pays for water (and gas if they decide to keep gas after rehab). Each unit has the potential to rent for ~$550 after rehab. Rent could be higher if the investor chooses to bring section 8 tenants. The area is gentrifying quickly and is within walking distance to the local elementary school, restaurants, CVS pharmacy and within ~5 min drive of major groceries like HEB. Biking distance to Corpus Christi Bay.
*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.