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Corpus Christi Apartment Buildings for Sale
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Apartment Buildings For Sale in Corpus Christi
Corpus Christi, a well-known coastal city in South Texas, is an ideal place for CRE investing, particularly in apartment buildings. Investors have access to a market supported by the city’s strong infrastructure, including the Corpus Christi International Airport and major highways to other important Texas cities. The local economy benefits from the Port of Corpus Christi, educational institutions like Texas A&M University-Corpus Christi, and a varied job market from the Naval Air Station and big companies. Its bay and coastal inlets, along with a humid subtropical climate, make Corpus Christi both a strategic location for investors and an appealing place for people wanting city life and natural scenery.
Apartment buildings in Corpus Christi are a valuable opportunity for investors because of the city’s expanding economy and its role as a center for education, healthcare, and military operations. Its location near major job centers and educational institutions ensures a consistent demand for housing. Beyond apartment buildings, Corpus Christi’s real estate also includes retail spaces close to shopping centers and commercial areas. These shopping centers are an excellent investment, benefiting from the city’s residents and visitors. Office spaces meet the needs of local and national companies, adding to the city's economic health. Residential income properties are also available, giving investors a chance to enter the city's varied housing market. For those looking for a property for a 1031 exchange, Corpus Christi offers suitable options. Together, these property types show the city's economic variety and potential for growth, making Corpus Christi a significant choice for real estate investment.
Learn About Apartment Buildings For Sale in Corpus Christi
How many apartment buildings listings are available for sale in Corpus Christi?
There are currently 13 apartment buildings listings available for sale in Corpus Christi.
What factors should I consider when searching for apartment buildings for sale in Corpus Christi?
When evaluating apartment buildings for sale in Corpus Christi, it's crucial to consider several key factors to make an informed decision.
- The economic landscape of Corpus Christi, including the presence of the Port of Corpus Christi and major employers like the Naval Air Station, which contribute to the local economy's health.
- Proximity to essential infrastructure such as the Corpus Christi International Airport, major highways like Interstate 37, and public transportation options to ensure accessibility for tenants.
How much does it cost to buy an apartment building in Corpus Christi?
The cost to buy an apartment building in Corpus Christi varies. The average price per square foot for these listings is $154, with an average size of 52,857 SF.
What is the largest apartment building available to buy in Corpus Christi?
The largest apartment building listed for sale in Corpus Christi spans 266,656 SF.
Size Summary For Corpus Christi Apartment Buildings
| Apartment Building Size | Square Feet |
|---|---|
| Maximum | 266,656 SF |
| Average | 52,857 SF |
| Minimum | 2,006 SF |
Cap Rate for Corpus Christi Apartment Buildings
| Apartment Building Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 10.59% |
| Average | 7.06% |
| Minimum | 5.30% |
Prices for Corpus Christi Apartment Buildings
| Apartment Building Price | Price Per SF |
|---|---|
| Maximum | $299 Per SF |
| Average | $154 Per SF |
| Minimum | $61 Per SF |
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