1419 Laredo St

Corpus Christi, TX 78401

About this property

Investors, take note! This 9-unit multifamily property is a cash cow, delivering excellent cash flow and strong rental demand. Located just minutes from downtown Corpus Christi, this complex offers a prime location with close proximity to shopping, dining, and entertainment. Of the 9 apartments, several have been recently updated, attracting quality tenants and increasing the property's overall value. 7 out of 9 units are currently leased, providing a steady income stream. At the current rental rates, the property generates $6,095 per month in gross rent, with room to increase profits by making additional cosmetic renovations to further boost the rental potential. The property is currently professionally managed, providing a hassle-free investment. Whether you're looking to expand your portfolio or get started with a strong-performing asset, this property offers high returns and growth potential in a thriving market. Don't miss out on this opportunity to acquire this cash cow!

About this property

Investors, take note! This 9-unit multifamily property is a cash cow, delivering excellent cash flow and strong rental demand. Located just minutes from downtown Corpus Christi, this complex offers a prime location with close proximity to shopping, dining, and entertainment. Of the 9 apartments, several have been recently updated, attracting quality tenants and increasing the property's overall value. 7 out of 9 units are currently leased, providing a steady income stream. At the current rental rates, the property generates $6,095 per month in gross rent, with room to increase profits by making additional cosmetic renovations to further boost the rental potential. The property is currently professionally managed, providing a hassle-free investment. Whether you're looking to expand your portfolio or get started with a strong-performing asset, this property offers high returns and growth potential in a thriving market. Don't miss out on this opportunity to acquire this cash cow!

Features and Additional Information

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$389,000 Active
0 Beds
0
Baths
2,679 SQFT

Presented By Coldwell Banker Pacesetter Steel Property Management

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Get in touch today! Phone: 1-361-992-9231
Brokerage
NB Elite Realty
1-844-444-6237
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Area Information

| Nueces County | South Bluff

$ 389,000
This listing is play_arrow 0.0% lower than the average in the area
$ 389,000 in the area
2,679 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
2,679 SqFt in the area
$ 145 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 145 $/SqFt in the area
49 days on site
This listing is play_arrow 0.0% below the average in the area
49 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Tyler Fox
Brokerage: NB Elite Realty

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