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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 $928,655 CAD
Price Per Unit $132,665 CAD
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 - -
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
190516
Land Assessment
$83,108 CAD
Improvements Assessment
$48,681 CAD
Total Assessment
$131,790 CAD
  • Listing ID: 28231827

  • Date on Market: 2023-04-14

  • Last Updated:

  • Address: 1221-1227B Fifth St, Corpus Christi, TX 78404

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