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3701 Seagull Blvd

12 Unit Block of Flats £993,860 (£82,822/Unit) Corpus Christi, TX 78402

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Executive Summary

Prime investment opportunity. This fully remodeled 12-unit complex is ideally located just a short walk from North Beach and minutes from the Aquarium and USS Lexington—an absolute gem for short-term rental investors. With nine spacious lofts, two extra-large lofts, and a one-bedroom unit, each unit has been meticulously transformed with new sheetrock, flooring, doors, appliances, mini-splits, fixtures, and furniture. The complex is completely turnkey and designed for effortless income generation. Amenities include a large upstairs patio with Gulf views, coin-operated laundry, expansive storage rooms (one with a bathroom and commercial washer/dryer), and 15 covered parking spots. Plus, with over 6,800 sq ft of additional commercial land out front, there's ample room to expand and increase revenue potential. Don’t miss this rare chance to invest in a high-demand area poised for growth—schedule your showing today!

Property Facts

Price	£993,860	Building Class	C
Price Per Unit	£82,822	Lot Size	0.40 AC
Sale Type	Investment	Building Size	5,853 SF
Sale Conditions	High Vacancy Property	Average Occupancy	75%
No. Units	12	Number of Floors	1
Property Type	Residential	Year Built/Renovated	1982/2022
Property Subtype	Apartment Multifamily Dormitory	Parking Ratio	2.56/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£993,860
Price Per Unit	£82,822
Sale Type	Investment
Sale Conditions	High Vacancy Property
No. Units	12
Property Type	Residential
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low Rise
Building Class	C
Lot Size	0.40 AC
Building Size	5,853 SF
Average Occupancy	75%
Number of Floors	1
Year Built/Renovated	1982/2022
Parking Ratio	2.56/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.