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1404 Moore Ave
Portland, TX 78374 North Bay

Price Upon Request

Apartments For Sale  •  125,057 SF

Property Details

  • Property Type Apartments
  • Total Building Size 125,057 SF
  • Lot Size 5.85 AC
  • Building Class B
  • Year Built 1971
  • Zoning MF
0 Transit Score
25 Walk Score

Highlights

This turnkey multifamily investment comprises 132 units at 98% occupancy, providing investors with a high going-in NOI and further growth potential.
Recently received over $3.6M in capital improvements, now boasting luxurious apartment interiors and top-of-the-line community amenities.
Located within 10 minutes of national retailers, walkable parks, major highways, large employers, and the white sands of North Beach.
Supported by the area’s growing population and a lack of supply-side competition, rent growth is estimated to exceed 3.6% during 2025.
Value-add opportunity to introduce charges for on-site reserved and covered parking and generate additional revenue.

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Courtyard
  • Dishwasher
  • Laundry Facilities
  • Pool
  • Heating
  • Pet Play Area
  • Walking/Biking Trails
  • Refrigerator
  • Oven
  • Range
  • Walk-In Closets
  • Maintenance on site
  • Fiber Optic Internet

Public Transportation

AirportDriveWalkDistance
Corpus Christi International 23 min - 16.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes