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    3618 Crestbrook Ct Corpus Christi, TX 78415

    For Sale
    $1,208,000

    14-Unit Rental Property, High Occupancy

    Property size:
    3,772 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents a portfolio of three multi-family homes located in Corpus Christi, Texas, at 3618, 3622, and 3625 Crestbrook Court, zip code 78415, within Nueces County. The portfolio comprises 14 units across three buildings, totaling approximately 11,681 square feet, with individual building sizes ranging from 3,772 to 4,006 square feet. Currently boasting 100% occupancy, this property generates a substantial monthly gross income of $13,380, translating to a price per unit of $86,285.71. Each unit is equipped with central HVAC, and most include private washer and dryer connections. The properties are zoned C-3 and are ideally situated in a rapidly growing area of Corpus Christi, offering convenient proximity to The Cabaniss Naval Airfield and Carroll High School. This is a rare opportunity to acquire a well-maintained, high-performing multi-family portfolio in a desirable location. The asking price for this turnkey investment is $1,208,000. The properties are offered as a package.

    Property Features for 3618 Crestbrook Ct

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,772 SF

    Building Details

    Buildings
    3
    Units
    14

    HighLights

    • Three‑building multifamily portfolio.
    • Excellent location near Cabaniss Naval Airfield and Carroll High School.
    • 14 units total, all with central HVAC.
    • Strong investment potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Perez Properties Apartment Building Beauty Essentials Wig Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.411838
    Latitude
    27.7125739

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    FAQs

    What type of property is this?
    Multifamily property - 14-Unit Rental Property, High Occupancy
    Where is this multifamily property located?
    The property is located at 3618 Crestbrook Ct Corpus Christi, TX.
    What is the asking price?
    The asking price for this property is $1,208,000.
    What are key features of this property?
    This property features: Three-building multifamily portfolio.; Excellent location near Cabaniss Naval Airfield and Carroll High School.; 14 units total, all with central HVAC.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3618 Crestbrook Ct Corpus Christi, TX 78415
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