GREENWOOD CORPUS CHRISTI, TX 78416

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

INVESTOR SPECIAL!!! Fully rented income producing 8-plex. The building consists of four 2/1 and four 3/1.5 units. These units are large, have central A/C, washer and dryer connections. All tenants pay their own utilities as every unit is individual metered for water and electric. Owner has replaced most A/C units and appliances. Rents are currently under market value. The 2/1 units rent for $750 and the 3/1.5 rent for $980. There's significant upside potential for cash flow with almost no upgrades. Most units are occupied by long term tenants. Seller will consider Owner Financing with $200, 000 down payment. Interest rate and term length are negotiable.