6513-6519 Long Meadow Dr Corpus Christi, TX 78413
This exceptional 7-unit apartment building in Corpus Christi, Texas presents a compelling investment opportunity. Boasting a 95% occupancy rate, this property generates strong rental income. The 6,795 square foot building, constructed in 1977, sits on a spacious 22,675 square foot lot and features a mix of one and two-story units across four buildings. The property benefits from a convenient location near retail, restaurants, hospitals, and even the beach, enhancing tenant desirability and rental potential. City utilities and a slab foundation minimize maintenance concerns. The multi-family zoning allows for flexibility, and the 100% ownership provides complete control. This property is ideally situated near a country club golf course and an airport, further enhancing its appeal to a wide range of tenants. The building's strong performance and prime location make it an attractive investment for those seeking a stable and potentially high-growth asset in a desirable Texas market. The asking price is $899,900. This is a turnkey operation with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.