Dean Briones Facebook ad: “8 Beds 4 Baths Apartment”

About this ad

Meta Ad Library ID

1880181082679604

Platforms

Facebook, Instagram, Audience Network, Messenger and Threads

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0

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Ad text

**For Sale: 4-Plex Investment Opportunity in Corpus Christi, TX - 2129 16th St** **Price: $375,000** This recently renovated 4-plex in the heart of Corpus Christi is a prime investment opportunity. Each unit features generous-sized rooms, washer/dryer hookups, and updated interiors, making it a desirable rental property with a **95% occupancy rate**. With a **current rent roll of $3,900** and a **pro forma of $4,200**, this property offers strong cash flow with room for growth. There are additional value-add opportunities, such as an exterior paint upgrade and implementing a RUBS (Ratio Utility Billing System), further boosting your return. Plus, there's potential to convert the back storage space into a 5th unit, maximizing the investment potential. This property is perfect for FHA buyers, offering a **3.5% down payment** option to live in one unit while renting out the others to offset the mortgage. For investors, **DSCR (Debt Service Coverage Ratio) loan options** are also available, allowing for financing **without tax returns**—ideal for those focused on cash flow. Additionally, this property is perfect for a **1031 exchange** or any investor seeking **passive income**. **This is part of a larger portfolio** with multifamily options ranging from duplexes to 10-plexes. Contact us for more information on other available properties in Corpus Christi and San Antonio. **Prime Location:** * **Centralized location** in Corpus Christi * **Walking distance to Del Mar College**, perfect for attracting students and faculty * Close to shopping, dining, and public transportation Whether you’re a seasoned investor or a first-time buyer looking for a house-hack, this 4-plex offers immediate cash flow and a pathway to grow your portfolio. For inquiries or to schedule a showing, contact us at [hidden information]. Learn more about this listing on Facebook Marketplace: https://facebook.com/marketplace/item/523305747383813/

Where the ad sends people

8 Beds 4 Baths Apartment