4502 Corona Dr | Corpus Christi, TX 78411
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- LoopNet Team
4502 Corona Dr
Corpus Christi, TX 78411
Embassy House · Multifamily Property For Sale
·
176 Units
Investment Highlights
- Irreplaceable South Side Corpus Christi Location
- Approximately $1.2 Million in Recent Improvements
- Significant Interior Value-Add Potential
- Just Off Major Thoroughfare Near Abundant Employment & Retail
- In-Place Rents are Well-Below the Market
- Strong T12 Property Operations and Thriving Multifamily Market
Property Facts
| No. Units | 176 | Building Size | 147,312 SF |
| Property Type | Multifamily | Average Occupancy | 76% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1980 |
| Building Class | B | Parking Ratio | 1.66/1,000 SF |
| Lot Size | 7.65 AC | ||
| Zoning | R-2 | ||
| No. Units | 176 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 7.65 AC |
| Building Size | 147,312 SF |
| Average Occupancy | 76% |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | R-2 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Range
Site Amenities
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Tennis Court
- Basketball Court
- Breakfast/Coffee Concierge
- Grill
- Laundry Service
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 56 | $829.00 | 608 |
| 1+2 | 24 | $869.00 | 849 |
| 2+1 | 24 | $949.00 | 810 |
| 2+2 | 64 | $1,064 | 882 - 1,102 |
| 3+2 | 8 | $1,395 | 1,245 |
Property Taxes
| Parcel Number | 263955 | Improvements Assessment | $11,020,220 |
| Land Assessment | $1,000,224 | Total Assessment | $12,020,444 |
Property Taxes
Parcel Number
263955
Land Assessment
$1,000,224
Improvements Assessment
$11,020,220
Total Assessment
$12,020,444
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