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1221-1227B Fifth St 7 Unit Apartment Building $679,000 ($97,000/Unit) Corpus Christi, TX 78404
Investment Highlights
- Located in the lively Downtown Corpus Christi cultural district
- Walkable location
Executive Summary
Seven roomy cottages with room for a couple more. Plenty of parking in rear.
Property Facts
| Price | $679,000 | Building Class | C |
| Price Per Unit | $97,000 | Lot Size | 0.46 AC |
| Sale Type | Investment | Building Size | 4,032 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 90% |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1948 |
| Property Subtype | Apartment | Parking Ratio | 2.98/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | AB | ||
| Price | $679,000 |
| Price Per Unit | $97,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 4,032 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 1948 |
| Parking Ratio | 2.98/1,000 SF |
| Zoning | AB |
Amenities
Unit Amenities
- Cable Ready
- Fireplace
- Ceiling Fans
- Hardwood Floors
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
1 1
Property Taxes
| Parcel Number | 190516 | Improvements Assessment | $35,594 |
| Land Assessment | $60,766 | Total Assessment | $96,360 |
Property Taxes
Parcel Number
190516
Land Assessment
$60,766
Improvements Assessment
$35,594
Total Assessment
$96,360
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1221-1227B Fifth St
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