$995,000
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6 Beds
5 Baths
3,984 SqFt
SOLD DATE : 02/21/2024
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $208
Subdivision Beachcomber Cottages Twnhms
MLS Listing ID 410547
Sold Date 02/21/24
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 2014
Annual Tax Amount $18,000
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Quadruplex
Property Description
Great Airbnb opportunity on North Beach! These 5 unit cottages brought in $161k in 2022 at 40% occupancy (Gold building has 2 units). Views of the Gulf of Mexico, walking distance to all the restaurants, the Lexington, The Texas State Aquarium and only minutes to Downtown Corpus Christi. The units will all be furnished, empty lot next to the complex to build another unit. The North Beach cottages built on stilts also have in-ground pool with cabana for guests. With current occupancy, it's a 6.3% cap rate with potential to 8%+ cap rate. Financials available upon request.
Location
State TX
County Nueces
Community Gated
Interior
Interior Features Split Bedrooms, Breakfast Bar
Cooling Central Air
Flooring Tile
Fireplace No
Appliance Dryer, Washer
Laundry Washer Hookup, Dryer Hookup, Laundry Room
Exterior
Exterior Feature Deck, Storage
Parking Features Carport, RV Access/Parking
Fence Wood
Pool Pool
Community Features Gated
Utilities Available Sewer Available, Water Available
View Y/N Yes
View Beach, Water
Roof Type Metal
Porch Covered, Deck, Open, Patio
Total Parking Spaces 6
Building
Lot Description Interior Lot, Landscaped
Story 2
Entry Level Two
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Cabana, Storage
Schools
Elementary Schools Evans
Middle Schools Driscoll
High Schools Miller
School District Corpus Christi Isd
Others
Tax ID 054100000040
Security Features Gated Community,Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Agent | License ID: 810285