- Strategic Location
- Recently Renovated Asset
- Significant Value-Add Upside
- Attractive Amenities
- Attractive Debt Assumption Opportunity
Strategic Location
This multifamily asset is strategically positioned in a strong submarket of Corpus Christi, Texas, the eighth-largest MSA in the state. The property offers convenient access to major employers, retailers, and institutions, including Texas A&M Corpus Christi, H-E-B, and Driscoll Children’s Hospital, ensuring consistent tenant demand.
Recently Renovated Asset
Originally built in 1975 and renovated in 2020, the property benefits from modern upgrades while maintaining additional value-add potential.
Significant Value-Add Upside
With pricing at 58 percent below replacement cost, this investment presents an opportunity to continue a proven value-add strategy. The property’s current positioning allows for strong rental growth and increased net operating income through lease-up and rent optimization.
