BEK Real Estate Advisors
Listed by BEK Real Estate Advisors, BEK Real Estate Services
$1,200,000
Annaville Rd Multi-Family Units
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 8,575
Cap Rate 8.31%
NOI $99,685
Occupancy 100%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 8.77%
Pro-Forma NOI $105,185
Year Built 1967
Year Renovated 2022
Buildings 8
Acreage 1.480
Investment Type Value Add
Multifamily | 8.31% CAP
Marketing description
Recently renovated 8 detached Single Family Unit Multi-Family Property. Property is fully leased. Large units with back yards, driveways and several units with garages. Located 13 miles from downtown Corpus Christi.
Investment highlights
- 6 Units Recently Renovated including new HVAC, electric, plumbing, drywall, sewer lines and finishes.
- 8 total detached single family fee-simple units.
- Fully Leased
- Each unit includes privacy fenced yards and a garage.
- Units have individually metered utilities.
- 13 Miles from Downtown Corpus Christi
- Minutes from HEB, Walgreens, Restaurants, Schools.
- Calallen ISD
Listing Contacts
BEK Real Estate Advisors
Listed by BEK Real Estate Advisors, BEK Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,685.00
$8,307.08/mo
Valuation Metrics
0
DSCR
8.31%
Cap Rate
8.31%
ROI
Map
Zoning
RS-6 ResidentialSingle FamilyResidential Single Family 6
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View all 29 uses
View all 29 uses Last updated Apr 8, 2026 For deeper zoning details, reports are available at Zoneomics
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