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The District Apartments 800-802 Hancock Ave 24 Unit Apartment Building $1,200,000 ($50,000/Unit) 5.30% Cap Rate Corpus Christi, TX 78404



Property Facts
| Price | $1,200,000 | Apartment Style | Garden |
| Price Per Unit | $50,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Cap Rate | 5.30% | Building Size | 13,752 SF |
| No. Units | 24 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1949/2025 |
| Zoning | B-4 | ||
| Price | $1,200,000 |
| Price Per Unit | $50,000 |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 13,752 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1949/2025 |
| Zoning | B-4 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 24 | - | 550 |
Property Taxes
| Parcel Number | 241368 | Improvements Assessment | $614,798 |
| Land Assessment | $106,995 | Total Assessment | $721,793 |
Property Taxes
Parcel Number
241368
Land Assessment
$106,995
Improvements Assessment
$614,798
Total Assessment
$721,793
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The District Apartments | 800-802 Hancock Ave
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