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High CAP investment opportunity

2 Specialty Properties Offered at $15,000,000 in Multiple Locations

Executive Summary

Prime Investment opportunity on a (2) property portfolio. The Tenant is VisionQuest National, LTD, operating a shelter for Unaccompanied Children (“UC”) that cross the US border without their parents according to relevant Federal statutes under a contract (“UC Program Contract”) with The Office of Refugee and Resettlement of the Federal Department of Health and Human Services.

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $15,000,000
Price / SF $433.16 / SF
Cap Rate 9.26%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 34,629 SF
Total Land Area 20.09 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2058 FM 665 Rd, Corpus Christi, TX 78415 Specialty 15,506 SF 2020 -
Building A
7146 Highway 60, Wallis, TX 77485
Specialty 19,123 SF 2007 -
Show More > < Show Less
  • Listing ID: 31063685

  • Date on Market: 2/27/2024

  • Last Updated:

  • Address: High CAP investment opportunity, Corpus Christi, TX

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