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    3031 Mcardle

    Corpus Christi, TX 78415
    • $1,200,000
    • STATUS: Active
    • ON SITE: 18 days
    • MLS #: 380328
    UPDATED: 42 min ago
    $1,200,000
    • 0
      BEDS
    • 1.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 27,380
      SQFT
    • $44
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1974
    County:

    School Ratings & Info

    Description

    This is a converter nursing home into an income producing efficiency apartments and is turn key. It is already running smoothly and current manager is a keeper. Start making money Day 1. Total number of RENTAL UNITS: 67 efficiency rooms with 49 equipped with a 1/2 bath. Plenty of parking, secure front door, furnished rooms, upgraded fire alarm system, recent electrical updates community kitchen and more. Each room is approximately 17x18 (306 sq.Ft ). Possible income statistics: 67 rooms x $600/mo=$40k per month. Owner says he has several long term tenants and maintaining about 85%+ occupancy, with also earning approximately $1200 per month with coin-op laundry. There is additional income opportunity with 28 interior storage closets that could be used as rentals. Plus vending machines with soda, snack, toiletries. Zoned Commercial with various income producing options available, sits on 1.7+/- acres. Easy assess to SPID freeway, near public transportation, schools, shops and more.

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    © 2021 Coastal Bend Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KNM Premier. Data last updated: 2021-04-15T11:52:43.487.
    www.kmrealestate.com/homes/115538059
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    3031 Mcardle Corpus Christi, TX 78415

    • Price: $1,200,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 380328
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.7
    Acres
    27,380
    SQFT
    $44
    $/SQFT
    1974
    Built
    Neighborhood:
    Lexington Place
    County:
    Nueces
    Area:
    Corpus Christi
    Property Description
    This is a converter nursing home into an income producing efficiency apartments and is turn key. It is already running smoothly and current manager is a keeper. Start making money Day 1. Total number of RENTAL UNITS: 67 efficiency rooms with 49 equipped with a 1/2 bath. Plenty of parking, secure front door, furnished rooms, upgraded fire alarm system, recent electrical updates community kitchen and more. Each room is approximately 17x18 (306 sq.Ft ). Possible income statistics: 67 rooms x $600/mo=$40k per month. Owner says he has several long term tenants and maintaining about 85%+ occupancy, with also earning approximately $1200 per month with coin-op laundry. There is additional income opportunity with 28 interior storage closets that could be used as rentals. Plus vending machines with soda, snack, toiletries. Zoned Commercial with various income producing options available, sits on 1.7+/- acres. Easy assess to SPID freeway, near public transportation, schools, shops and more.
    Exterior Features

    Construction Materials Brick Veneer Levels One Lot Size Dimensions 247X316x247x318 Parking Features Front EntryOther Road Frontage Type All Weather Road Road Surface Type Paved Roof Tar/Gravel Topography Level

    Interior Features

    Cooling OtherWindow Unit(S)Central Air Cooling YN Yes Heating OtherWindow Unit Heating YN Yes Interior Features Storage Security Features Security System

    Property Features

    Additional Parcels YN No Association YN No Building Area Total 27380 Community Features Sidewalks Current Financing None Electric Underground Foundation Details Slab Listing Terms CashConventional Lot Features Interior LotLevel Number Of Units In Community 67 Property Sub Type Office Tax Legal Description Lexington Pl Lts 7 & 8 Bk K & Lt 8 Bk L Tax Lot 7&8 Tenant Pays None Utilities Phone AvailableSewer AvailableWater AvailableUnderground Utilities Water Source Public

    Listing provided courtesy of Coldwell Banker Pacesetter Ste. © 2021 Coastal Bend Multiple Listing Service.
    © 2021 Coastal Bend Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KNM Premier. Data last updated: 2021-04-15T11:52:43.487.
     
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    7002 S.Staples Ste 104
    Corpus Christi TX, 78413