2516 Fig St | Corpus Christi, TX 78404
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2516 Fig St
Corpus Christi, TX 78404
Liberty Village · Residential Property For Sale · 34 Units
Investment Highlights
- Over 1/2 acre of raw land to potentially develop 8+ units and/or storage
- Approx. $44k upside in maintaining current market average occupancy
- Amenities include covered parking and onsite laundry. Individually metered electric.
- Value-Add opportunity with continued interior unit renovations
- 6.9% Pro Forma Cap Rate
PROPERTY FACTS
| No. Units | 34 | Building Size | 24,868 SF |
| Property Type | Residential | Average Occupancy | 100% |
| Property Subtype | Apartment | Number of Floors | 1 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 2.78 AC |
| No. Units | 34 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.78 AC |
| Building Size | 24,868 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1972 |
| Parking Ratio | 1.37/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Laundry Facilities
- Pool
- Cabana
- Walking/Biking Trails
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 511 |
| 2+1 | 26 | - | 750 - 910 |
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