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11633 Leopard St
Corpus Christi, TX 78410
Northwest Terrace · Multifamily Property For Sale · 48 Units

Investment Highlights

  • Built in 2002 - minimal deferred maintenance and favorable vintage for insurance purposes.
  • Attractive price per door relative to similar transactions in the market.
  • Zoned to the highly desirable Calallen Independent School District.
  • Consistently well-occupied Property with potential for large rent increases through burning off loss-to-lease which is currently at 15%.
  • Located on Leopard Street, a major thoroughfare in northwest Corpus Christi.
  • Benefits from proximity to the booming Port of Corpus Christi, home to several major area employers.

Property Facts

No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 2.39 AC
Building Size 31,475 SF
Average Occupancy 92%
No. Stories 1
Year Built 2002
Parking Ratio 2.73/1,000 SF
Zoning R

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Refrigerator
  • Range
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Laundry Facilities
  • Pool

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 - 480
1+1 20 - 520
2+1 22 - 715

Property Taxes

Property Taxes

Parcel Number
200066358
Land Assessment
$208,216
Improvements Assessment
$2,722,388
Total Assessment
$2,930,604
  • Listing ID: 29500805

  • Date on Market: 9/12/2023

  • Last Updated:

  • Address: 11633 Leopard St, Corpus Christi, TX 78410

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