9850 La Branch Dr,Corpus Christi, TX 78410
Corpus Christi, TX 78410
Description
Located at 9850 La Branch Dr, this 27-unit multifamily investment presents a value-add opportunity in the growing Calallen/Northwest Corpus Christi submarket. The property consists of three buildings with a diversified unit mix of twelve 1-bedroom units, fourteen 2-bedroom units, and one 3-bedroom unit, catering to a broad tenant base. The asset is currently operating at approximately 70.4% occupancy (as-is), providing immediate upside through lease-up and operational optimization. In addition to the existing multifamily improvements, the offering includes ±1 acre of undeveloped commercial land, creating optionality for future development, expansion, or alternative income strategies. Income figures reflect the current as-is condition per the provided Excel rent roll, allowing investors to implement their own renovation, repositioning, or management strategy to drive increased cash flow and long-term appreciation.
Details
| MLS # | 470236 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 218 |
| Listing Provided By | DH Realty Partners Inc | James Magill |
Features
| SQ Feet | 20,099 |
|---|---|
| Story(s) | 2 |
| Acreage | 2.16 |
Exterior
| Lot Features | Other |
|---|
Parking
| Parking Features | Asphalt |
|---|
Taxes
| Tax Annual Amount | 29335 |
|---|
Area Information
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78410 |
| Community Name | Westwood Shopping Center |
| Listing VS Median (in Westwood Shopping Center) | |
Price: $1,800,000 low | high Med: $0 On site: 218 low | high Med: | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Nueces |
| City | Corpus Christi |
| Zip Code | 78410 |
| Community Name | Westwood Shopping Center |
| Listing VS Median (in Westwood Shopping Center) | |
Price: $1,800,000 low | high Med: $0 On site: 218 low | high Med: | |