Burbach & Associates: Corpus Christi cap ratesBurbach & Associates: Corpus Christi cap rateshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=56442013-11-22T13:34:00Z2013-11-22T00:00:00Z

CORPUS CHRISTI - Burbach & Associates Inc. has released its Real Estate Investment Summary for summer 2013.

Respondents of the survey report on cap rates for various property types. The chart below shows caps rates in Corpus Christi, according to a valuation/consulting company in Corpus Christi.

Property Type Stabilized
Cap Rate
Corpus Christi Cap Rates by Property Type
Hotels / motels 8.5–9.0%
Multifamily apartments 8.0%
Suburban / low rise office 8.5–9.0%
Neighborhood / community retail 8.0–8.5%
Industrial / warehouse 9.0–10.0%
Mini warehouse / self sorage 8.0–8.5%
Mobile home / RV parks 9.0–9.5%

Source: Burbach & Associates Inc.

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