Off Market – LIHTC/Senior Living: Corpus Christi, Texas

Corpus Christi, TX.

72-unit LIHTC/55+ Senior Living Community.
The asset was constructed within the past few years & contains a mix of 1BR and 2BR units.
Amenities include W/D hookups, large closets, extra storage, and a fitness center.
Includes attractive assumable USDA financing with a 5.9% interest rate at 74% LTV.

• Total Population (3-Mile Radius): 81,202
• Median HH Income (3-Mile Radius): $40,953
• Population Growth ’24-’29 (3-Mile Radius): -0.82%
• Submarket Avg. Vacancy Rate (2-4 Star): 6.4% (-0.3% YOY Change)
• Submarket Rent Per Unit (1-3 Star): $1,600