821-825 S Alameda St, Corpus Christi, TX 78404

Property Overview

8-Unit Apartment

3,740 sqft (total)

8 beds, 8 baths

1954 build

Lot Size: 17,385 sqft

Walkthrough Video https://www.dropbox.com/s/vqkul7i9om338am/821%20S%20Alameda.mp4?dl=0

Airbnb Potential

AirBnb Monthly Potential Income (8 units rented for 15 days per month): $12,000+

• 8 units @ $100 per night = $800; $800 @ only 15 nights a month = $12,000

AirBnb Potential Monthly Income: $12,000+

AirBnb Potential Yearly Income: $144,000+

***AirBnb numbers are ultra conservative and are based on occupancy for only 15 days per months @ $100 per night per unit.

Property Details

A few of the units are currently being remodeled, but the remaining units are in good shape and are currently rented. This property has HUGE potential as an Airbnb!

• 3 Bldgs Roof replaced in 2015
• 1 Bldg Roof replaced in 2021
• No signs of foundation issues (pier and beam)

Rent Overview

Current Gross Monthly Rent: $1,775

Potential Gross Monthly Rent: $6,600+

Rent Details

Unit 1

• 1 bed, 1 bath
• Remodeled 2022
• New Plumbing and water heater
• Current Rent $745
• Potential Monthly Rent: $825
• Vacant
• Tenant Pays All Utilities

Unit 2

• 1 bed, 1 bath
• Vacant
• Down to studs
• New water heater
• New plumbing
• Potential Monthly Rent: $825

Unit 3

• 1 bed, 1 bath
• Current Monthly Rent: $525
• Lease End Date: September 2022
• Tenant Pays All Utilities
• Potential Monthly Rent: $825

Unit 4

• 1 bed, 1 bath
• New Paint/ Fixtures
• Vacant / Pre leased $700
• Potential Monthly Rent: $825
• Tenant Pays All Utilities

Unit 5

• 1 bed, 1 bath
• Remodeled 2022
• Current Monthly Rent: $600
• Lease End Date: November 2022
• Tenant Pays All Utilities
• Potential Monthly Rent: $825

Unit 6

• 1 bed, 1 bath
• Remodeled 2022
• Current Monthly Rent: $650
• Lease End Date: November 2022
• Tenant Pays All Utilities
• Potential Monthly Rent: $825

Unit 7

• 1 bed, 1 bath
• Vacant
• Tenant Pays All Utilities
• Potential Monthly Rent: $825

Unit 8

• 1 bed, 1 bath
• Vacant
• Tenant Pays All Utilities
• Potential Monthly Rent: $825

More Photos

https://www.dropbox.com/sh/os1p7qxfu2bepod/AAD11zvqkPWPpTrsTctxXpFYa?dl=0

Asking Price: $349,000

Closing Date: 8-8-22 or sooner

Call or text Holly for more details on this 🌋HOT DEAL!🌋 (210) 861-0922

Click the BUY IT NOW button to lock this one down and avoid bidding wars ⚔️⚔️