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Apartments For Sale • 33,840 SF
| 3031 McArdle Road is a multifamily building converted in 2017 comprising 67 fully furnished studio units with consistently high occupancy rates. |
| Value-add opportunities abound, and typical rents at $600 per month leave ample runway to reach the Corpus Christi average of $1,150 per month. |
| Turnkey operation with low expenses of around $8,000 per month and the seller will provide training during the transition of operators. |
| Close proximity to desirable amenities, under 10 min from H-E-B, La Palmera Mall, Walmart Supercenter, AMC, Target, 50+ restaurants, and much more. |
| Situated in a strong rental tenant pool with nearly 200,000 residents within a 5-mile radius and about half of all households in that area are rented. |
| Corpus Christi is a powerful multifamily market with rents near all-time highs, and 2024 saw the strongest upswing in demand since 2006. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Corpus Christi International | 15 min | - | 8.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
