106 Corral St South Padre Island, TX 78597

This exceptional 17-unit apartment building, completed in 2024, presents a lucrative investment opportunity in South Padre Island, Texas. Located at 106 W Corral Street, this property boasts 4,500 square feet of living space spread across nine buildings situated on a 14,170.93 square foot lot. Each of the seventeen units is a studio apartment, fully furnished and equipped with modern appliances and Wi-Fi, making them ideal for both short-term and long-term rentals. The complex offers significant convenience with a private pool and a dedicated laundry building. Security cameras provide peace of mind for both owners and tenants. The property's prime location, just steps from South Padre Island's vibrant entertainment district, ensures high occupancy rates and strong rental income potential. This turnkey operation in the highly desirable 78597 zip code offers an excellent return on investment in a rapidly growing area. The asking price for this exceptional multifamily property is $2,900,000. This is a rare opportunity to acquire a brand-new, fully operational income-generating asset in a prime South Texas location.