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Investment Highlights

  • • 33 units with strong rental history
  • • Coin laundry on site
  • • Beautifully maintained grounds and buildings
  • • Office for the manager
  • • Excellent location near shopping, dining, and S.P.I.D.
  • • Common area gazebo

Executive Summary

Prime 33-Unit Apartment Complex in Coastal Corpus Christi – High Income, Impeccably Maintained An exceptional investment opportunity awaits in one of Corpus Christi’s most desirable locations. This well-maintained 33-unit apartment complex offers a rare blend of stability, curb appeal, and strong cash flow. Situated near key amenities, employers, and coastal attractions, the property benefits from consistent tenant demand and minimal vacancy. Each unit reflects pride of ownership, with updated interiors, reliable infrastructure, and professional management in place. The complex has been meticulously cared for, ensuring smooth operations and long-term value. With proven income performance and room for future upside, this asset is ideal for seasoned investors or those seeking a turnkey addition to their portfolio.
Highlights:
• 33 units with strong rental history
• Office for the manager
• Coin laundry on site
• Excellent location near shopping, dining, and S.P.I.D.
• Beautifully maintained grounds and buildings
• Common area gazebo
• High occupancy and consistent income
• Potential for rent growth or value-add enhancements Whether you're expanding your holdings or entering the multifamily market, this property delivers on location, condition, and profitability

Property Facts

Price $5,376,813 CAD
Price Per Unit $162,934 CAD
Sale Type Investment
Cap Rate 6%
Sale Conditions
1031 Exchange
  • Build to Suit
No. Units 33
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.19 AC
Building Size 21,426 SF
Average Occupancy 90%
No. Stories 2
Year Built/Renovated 1978/2023
Zoning A-1 - Multi-Family Residential

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Refrigerator
  • Dining Room
  • Handrails
  • Patio
  • Porch
  • Vinyl Flooring

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 17 $1,275 CAD -
2+1 16 $1,517 CAD -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 37998024

  • Date on Market: 2025-10-08

  • Last Updated:

  • Address: 3920 Brushwood Ln, Corpus Christi, TX 78415

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