2026 Waldron Rd - Apartments FOR SALE


Corpus Christi, TX 78418- Flour Bluff
$1,200,000 USD
512-762-5426
2026 Waldron Rd, Corpus Christi, TX for Sale
$1,200,000 USD
Apartments - FOR SALE
1/30
null | 10.26% Cap Rate

2026 Waldron Rd
Corpus Christi, TX 78418
Flour Bluff


HIGHLIGHTS

  • Fully occupied

OVERVIEW

20-Unit Multifamily | 100% Occupied | Value-Add Opportunity – Corpus Christi, TX Property Address: 2026 Waldron Rd, Corpus Christi, TX 78418 Asset Type: Multifamily | 20 One-Bedroom Units Fully occupied and cash-flowing, this 20-unit apartment complex offers a rare investment opportunity in the Flour Bluff area of Corpus Christi — just minutes from North Padre Island beaches. With below-market rents, individually metered electric, and strong local demand, this property provides stable income with significant upside potential. Investment Highlights: 100% Occupied – Immediate cash flow with stable tenancy 20 One-Bedroom Units – Highly rentable unit mix in a strong rental market Individually Metered Electric – Tenants pay their own electric and cable/internet utilities Coin-Operated Laundry Room – Additional income stream onsite Concrete Parking Lot – Durable, low-maintenance infrastructure Below-Market Rents – Value-add potential through rent increases Prime Location – Minutes to North Padre Island, SPID, NAS-CC, and Flour Bluff ISD schools High Demand Area – Strong local employment and population growth Opportunity Summary: This asset is ideal for investors seeking immediate returns with long-term upside in one of Corpus Christi’s fastest-growing submarkets. Whether you’re looking to expand your portfolio or enter the multifamily space, 2026 Waldron Rd presents a turnkey investment with plenty of future potential.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$83 USD /SF

# OF UNITS

20

PRICE/UNIT

$60,000

CAP RATE

10.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Serene Shores

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

A-1A

APN/PARCEL ID

225755

ASK ABOUT THIS PROPERTY

Lee HrncirRundog Real Estate GroupMore Info
512-762-5426

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Lee HrncirRundog Real Estate GroupMore Info
512-762-5426

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.