Great opportunity on North Beach! These 5 unit cottages brought

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Home Off Market

4601 Gulfbreeze Blvd

Corpus Christi, Texas 78402

Nueces County Water View: Yes

Community: Beachcomber Cottages Twnhms

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$995,000 6 br, 5.0 bath 3984 sq. ft. 0.300 acres

Great 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.

Interior:
  • Bedrooms: 6
  • Baths: 5.0
  • Sq Ft: 3984
  • Year Built: 2014
  • Utilities: 
  • Fireplaces: 
  • Stories: 2.0
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.300 acre
  • Lot Dimensions: 
  • View Types: Water
  • Yard: 
  • Siding: 
  • Roof: Metal
  • Property Taxes: $18,000
  • Swimming Pool: Yes
  • MLS #: 410547
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Contact Information:
Beach Home Off Market in Corpus Christi, Texas
Ad Number: 3417557
Viewed 453 times.
Updated: Nov 21, 2023

This property is a Home located at 4601 Gulfbreeze Blvd, Corpus Christi, Texas 78402, and is currently Off Market at $995,000. This Home has 6 bedrooms, 5.0 baths, 3984 sq ft.

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