2388 Robert Rd Aransas Pass, TX 78336
This exceptional 10-unit rental property in Aransas Pass, Texas, presents a compelling investment opportunity. The property encompasses five acres and includes a diverse mix of rental units: two long-term mobile homes, four short-term cabins, and three convertible cabins (currently unplumbed). A substantial 1,500-square-foot warehouse with a full bath adds further versatility. Strategically located one mile north of the TX-35 Bypass, this property benefits from high visibility and convenient access to major transportation routes. The Bypass boasts an annual average daily traffic count of 18,000 vehicles (2022 data). The property's prime location offers proximity to significant economic drivers, including Kiewit's fabrication yard (7 miles), Exxon's plastics plant (9 miles), the Port of Corpus Christi's expansion project (17 miles), and the Steel Dynamics plant (26 miles). This combination of diverse rental income streams, prime location, and proximity to major industrial projects makes this a highly attractive investment opportunity. The property also features a pond on the five-acre lot. Newer construction ensures minimal maintenance needs and strong access to shopping and high-salary employment opportunities further enhance its appeal. The asking price is $895,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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