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10901 Annaville Rd 8 Unit Apartment Building $1,200,000 ($150,000/Unit) 8.77% Cap Rate Corpus Christi, TX 78410
Investment Highlights
- 8-unit multifamily investment property located at 10901 Annaville Rd in Corpus Christi. +/- 8,575 SF on +/- 1.48 acres.
- Six units renovated within the last four years including HVAC, electrical, plumbing, and finishes.
- Fully leased with individually metered utilities. Eight detached single style units, each with fenced yard and garage.
- Located approximately 13 miles from Downtown Corpus Christi with convenient access to I-37.
Executive Summary
Historical financials reflect a higher insurance expense under the prior policy. The current NOI has been adjusted to account for a new projected insurance quote. Contact the listing broker directly for details and supporting information.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,200,000 | Building Class | C |
| Price Per Unit | $150,000 | Lot Size | 1.48 AC |
| Sale Type | Investment | Building Size | 8,575 SF |
| Cap Rate | 8.77% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1967/2022 |
| Property Subtype | Apartment | Parking Ratio | 1.28/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | A1 - RS= Single Family Residential | ||
| Price | $1,200,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 8.77% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.48 AC |
| Building Size | 8,575 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1967/2022 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | A1 - RS= Single Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | - | 866 - 886 |
| 3+2 | 6 | - | 844 - 11,012 |
Property Taxes
| Parcel Numbers | Total Assessment | $793,660 (2025) | |
| Land Assessment | $284,977 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $508,683 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$284,977 (2025)
Improvements Assessment
$508,683 (2025)
Total Assessment
$793,660 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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10901 Annaville Rd
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