The heat capacity and pressure drop of $CO_2$ and coolant in a multi-tube type gas cooler were investigated experimentally. The main components of the refrigerant loop are a receiver, a $CO_2$ compressor, a mass flow meter, an evaporator and a multi-tube type gas cooler as a test section. The mass flowrate of $CO_2$ and coolant were varied from 0.06 to 0.075 [kg/s], respectively and the cooling pressure of gas cooler were from 8 to 10 [MPa]. The heat capacity of $CO_2$ in the test section is increased with the increment in mass flowrate of coolant, the cooling pressure and mass flowrate of $CO_2$. The pressure drop of $CO_2$ is decreased with the decrease in mass flowrate of coolant and $CO_2$, but decreased with increase in cooling pressure of $CO_2$. The heat capacity of $CO_2$ per unit heat transfer area of gas cooler is greatly high. Therefore, in case of the application of $CO_2$ at the multi-tube type gas cooler, it is expected to carry out the high-efficiency, high-performance and compactness of gas cooler.