20,099 SqFt
20,099 SqFt
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 20,099 sqft
Price per Sqft $89
Subdivision Westwood Shopping Center
MLS Listing ID 469742
HOA Y/N No
Year Built 1960
Annual Tax Amount $29,335
Lot Size 2.160 Acres
Acres 2.16
Property Sub-Type Apartment
Property Description
The asset is currently operating at approximately 70% occupancy (as-is), providing immediate upside through lease-up and operational optimization. Based on the current rent roll, the property generates $16,257 in monthly gross rent.
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.
Location
State TX
County Nueces
Interior
Interior Features Other
Heating Central, Electric
Cooling Central Air
Flooring Vinyl
Fireplace No
Appliance Dishwasher, Electric Oven, Electric Range, Refrigerator, Dryer
Laundry Dryer Hookup
Exterior
Parking Features Concrete
Utilities Available Sewer Available, Water Available
Roof Type Shingle
Building
Lot Description Other
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
Elementary Schools Tuloso Midway
Middle Schools Tuloso Midway
High Schools Tuloso Midway
School District Tuloso Midway Isd
Others
Tax ID 955700000050
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/cor/469742
- 5
Tuloso-Midway Intermediate School
Public | PK - 5
- 0
Arlington Heights Christian School
Private | PK - 12
- 0
Tuloso-Midway Primary School
Public | KG - 3
- 5
Tuloso-Midway Middle School
Public | 6 - 8
- 5
Tuloso-Midway High School
Public | 9 - 12
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