600 Leopard St - Apartments FOR SALE


Corpus Christi, TX 78401- Downtown Corpus Christi
$4,500,000 USD
713-452-4253
600 Leopard St, Corpus Christi, TX for Sale
$4,500,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

600 Leopard St
Corpus Christi, TX 78401
Downtown Corpus Christi


HIGHLIGHTS

  • Irreplaceable Heart of Downtown Corpus Christi Location - 131 units
  • Office to Apartment Conversion either by Historic Tax Credits or Market
  • Credits, Loans, Approvals, and Architectural Designs Already in Place

OVERVIEW

The 600 Building development opportunity involves the rehabilitation and conversion of the existing office tower into a market rate multifamily mixed-use development via historic tax credit syndication. This proposed 131-unit development located in downtown Corpus Christi will include residential apartments, structured parking, a multitude of high-end amenities, and ground floor retail space available for lease. The building will maintain its historic and unique windows and exterior walls, but will receive a full interior renovation with brand-new layouts, fixtures and finishes. Dynamic views of the Corpus Christi Bay and downtown cityscapes, integrated secured parking and a wide range of amenities will draw future residents to The 600 Building. The ground floor will include approximately 2,700 square feet of leasable commercial restaurant space, including a covered outdoor patio, allowing the public to engage with the building while encouraging increased pedestrian traffic and street life. The building will also offer limited leasing for communication antennas on the roof

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$19 USD /SF

# OF UNITS

131

PRICE/UNIT

$34,351

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The 600 Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

21

YEAR BUILT

1963

PARKING SPACES

141

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

B-6

APN/PARCEL ID

196776

ASK ABOUT THIS PROPERTY

Will GarrisonMarcus & MillichapMore Info
713-452-4253

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Will GarrisonMarcus & MillichapMore Info
713-452-4253

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