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Property profile & analytics
OFF-MARKET
Apartment buildings

6513-6519 Long Meadow Dr Corpus Christi, TX 78413

Built 1977
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1977
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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