Can anyone tell me what the 78401 area code of corpus christi is like with buy and hold multi family properties?
Since you’re only a couple hours away why not just drive down there sometime?
It’s the downtown area it’s pretty rough. the hot spots in Corpus Christi is the South side anything south of highway 286 it’s good.
It's going to depend on what street...? Most of the area is D class but the closer you get to the bay the better of an investment it becomes. Corpus is currently prepping for major growth due to the Port expansions, deeping and widening of the ship channel, the completion of the nations largest cable suspension bridge, etc... Google the Port of Corpus and you'll see what I'm talking about.
So i'm interested in corpus as well. The O&G industry is investing heavily there. at a glance the 1% rule appears possible. I'd love more information on the area. @Cliff Zarbock , what kind of vacancy rates are you guys experiencing?