Presented by: True Lane Management
$975,000
$24.9k
10518 Heizer Dr, Corpus Christi, TX 78410
- 24Beds
- 18Baths
- 10640SqFt
- 24Beds
- 18Baths
- 10640SqFt
- Property TypeCondo
- Year Built1973
- Price per Sqft$92
- On highrises82 Days
Property Details
Rare opportunity to acquire a 12-unit apartment building in Corpus Christi for under $1M. Currently 30% occupied. It's an ideal repositioning asset for an investor looking to capitalize on upside via renovation and lease-up. The building is well-located with strong rental demand and market comps to support the proforma assumptions. Significant upside through lease-up and stabilization. Market rents projected at $995/unit Stabilized gross income: $131,340 Stabilized NOI: ~$92,000 Property is being sold as-is. Buyers to verify all information.
Property Features
Bedrooms
- Bedrooms: 24
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Wesson Assefa
- state license#0506165
- Brokered by:
- True Lane Management
- (214) 399-5145