1105 Maryland Dr. Corpus Christi, TX 78404

Listing agency Sarina Gage

Listed by Sarina Gage · License #TX 672629

Source Crexi

Added: Apr 10 Updated: Jul 20 at 6:42PM Checked: Jul 23 at 4:59AM

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Investment Insights

Based on property information with market context.

This multifamily property consists of eight units and is reported to be 100% occupied. The current owner has made updates and improvements, with most (if not all) units updated in 2016 to include floors, paint, doors, bathrooms, vanities, kitchens, and appliances. Units 1, 2, 3, and 7 have new AC units. The property also includes a laundry room with washer/dryer income of $150 per month through a third party that manages laundry operations.

Additional reported improvements include a roof refinished in 2016 and a fence rebuild in 2017, along with a reroute completed in 2011.

Owner financing is noted as being considered with acceptable terms.

Key Highlights

• 8‑unit multifamily property with 100% occupancy and unit rent of 80k+ per year
• Most units updated in 2016, including floors, paint, doors, bathrooms, vanities, kitchens, and appliances
• Units 1, 2, 3, and 7 have new ACs installed (2016)

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FAQs

What type of property is this?

Apartment building - Multifamily property with eight units, 100% occupancy, and recent updates including interiors, roofs, and select new ACs.

Where is this apartment building located?

The property is located at 1105 Maryland Dr. Corpus Christi, TX.

What are key features of this property?

This property features: 8‑unit multifamily property with 100% occupancy and unit rent of 80k+ per year; Most units updated in 2016, including floors, paint, doors, bathrooms, vanities, kitchens, and appliances; Units 1, 2, 3, and 7 have new ACs installed (2016)