12,176 SqFt
12,176 SqFt
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 12,176 sqft
Price per Sqft $98
Subdivision Don Patricio
MLS Listing ID 461827
HOA Y/N No
Year Built 1973
Lot Size 0.980 Acres
Acres 0.98
Property Sub-Type Apartment
Property Description
Introducing a rare investment opportunity in the high-demand Flour Bluff area of Corpus Christi — just minutes from the beautiful Padre Island beaches. This 20-unit multifamily apartment complex at 2026 Waldron Rd offers strong rental potential and long-term appreciation in one of the fastest-growing coastal markets in Texas.
**Property Highlights:**
**20 Fully Leased Units**
* Well-maintained interiors with consistent rental income
* ??? **Prime Location Near the Island**
* Less than 10 minutes to Whitecap Beach and Padre Island
* Close proximity to NAS Corpus Christi, schools, shopping, and dining
**Value-Add Potential**
* Opportunity for rental increases and cosmetic upgrades
* High occupancy rates in the surrounding area
*Ample tenant parking and easy access to public transportation
* Situated on a high-visibility road with strong traffic counts
**Financial Overview:**
* Competitive cap rate with room for NOI growth
* Full rent roll, financials, and T-12 available upon request
Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a stable, income-producing asset, Serene Shores offers the perfect balance of location, cash flow, and long-term upside.
Contact us today to schedule a tour or request the full offering memorandum.
Location
State TX
County Nueces
Interior
Heating Central, Electric
Cooling Electric, Central Air
Fireplace No
Exterior
Parking Features Concrete
Utilities Available Sewer Available, Water Available
Building
Lot Description Landscaped
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 212700010180
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing FMHA
Virtual Tour https://www.propertypanorama.com/instaview/cor/461827
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