Price:
$159,000
Address:
602 Texan Trail
City:
Corpus Christi
State:
TX
Zip:
00000
NO INCOME DOCS FINANCING AVAILABLE with 20% down. Please Do Not Bother Tenants. This Building with 4 units is fully leased at $550 per month per unit. The current owner pays for city services, approximately $200.00 per month. Taxes and Insurance average approximately $360.00 per month. Tenants pay their own electric bill. This property is in super condition and in a great location with a Cap. Rate of just under 12%. (Rents are low for the area; could be increased to $750.0 per unit raising the Cap. to nearly 17%)
Extra Information for 602 Texan Trail Corpus Christi, TX
- Seller Type: By Owner
- Category: Condos, Townhouses & Apts for Sale
- Square Feet: 2808
- Conditions: Resale
- Listed Date: Feb 25, 2020