DHRP

27-UNIT VALUE-ADD MULTIFAMILY WITH DEVELOPMENT LAND IN NW CORPUS CHRISTI

9850 La Branch Dr, Corpus Christi, TX

Located at 9850 La Branch Dr, this 27-unit multifamily investment presents a value-add opportunity in the growing Calallen/Northwest Corpus Christi submarket. The property consists of three buildings with a diversified unit mix of twelve 1-bedroom units, fourteen 2-bedroom units, and one 3-bedroom unit, catering to a broad tenant base. The asset is currently operating at approximately 75% occupancy (as-is), providing immediate upside through lease-up and operational optimization.

In addition to the existing multifamily improvements, the offering includes ±1 acre of undeveloped commercial land, creating optionality for future development, expansion, or alternative income strategies. Income figures reflect the current as-is condition per the provided Excel rent roll, allowing investors to implement their own renovation, repositioning, or management strategy to drive increased cash flow and long-term appreciation.

HIGHLIGHTS

• Value-add opportunity with upside through lease-up, renovations, and NOI growth at ~75% occupancy
• 27-unit multifamily asset with a diverse 1-, 2-, and 3-bedroom unit mix
• ±1 acre of additional commercial land for future development or income potential
• Located in the growing Calallen / Northwest Corpus Christi submarket

Purchase Type:

Sale

Address:

9850 La Branch Dr

Building Size:

± 20,099 SF

Land Size:

± 94,046 SF

Zoning:

AB

Status:

Available

Price:

$1,800,000

MEDIA GALLERY

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