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The Park Apartments 4040 Schanen Blvd Immeuble residentiel 226 lots 10 775 000 € (47 677 €/Lot) Corpus Christi, TX 78413
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 226-unit value-add multifamily community located in the thriving coastal city of Corpus Christi, Texas
- Situated near major employment hubs, educational institutions, and retail centers
- Rare chance to acquire a well-located, value-add asset in one of South Texas’ most stable and growing rental markets
- Property Website - https://my.rcm1.com/buyer/slp?pv=Ykayfi_EmhiDmyAzyCePLN3n4L59fwyK8HNRd1KGkkM
RÉSUMÉ ANALYTIQUE
Colliers is pleased to present the opportunity to acquire The Park Apartments, a 226-unit value-add multifamily community located in the thriving coastal city of Corpus Christi, Texas. Currently 86.1% occupied and trending higher according to the seller, the property could generate gross rent collections of more than $2 million annually. The seller is offering a 1% commission to a Buyer’s agent.
The Park Apartments offers investors a rare chance to acquire a well-located, value-add asset in one of South Texas’ most stable and growing rental markets. Situated near major employment hubs, educational institutions, and retail centers, the property is positioned to benefit from the city’s continued economic and population growth. With all units in classic condition, The Park Apartments is well-suited for a strategic interior renovation program that could support rent increases and enhance the property’s standing in the submarket.
Supported by regional fundamentals, including a diverse employment base, steady in-migration, and limited new multifamily supply—The Park Apartments provides an opportunity for investors to pursue value creation through capital improvements, operational efficiencies, and strategic rebranding in the heart of Corpus Christi.
Investment Highlights
Value-Add Potential with Classic Unit Interiors
All units remain in classic condition, creating the opportunity for new ownership to implement upgrades and align rents with renovated comparables in the surrounding submarket.
Occupancy and Rent Collections Trending Up
Current occupancy at The Park is 86.1% and trending higher, and the property could generate gross rent collections of more than $2 million annually.
Strategic Location Near Major Employers and Coastal Demand Drivers
The property is near employment centers including the Port of Corpus Christi, Naval Air Station, and regional refineries, which contribute to consistent rental demand.
1% Buyer’s Agent Commission Offered by Seller
The seller is offering a 1% commission to a Buyer’s agent.
The Park Apartments offers investors a rare chance to acquire a well-located, value-add asset in one of South Texas’ most stable and growing rental markets. Situated near major employment hubs, educational institutions, and retail centers, the property is positioned to benefit from the city’s continued economic and population growth. With all units in classic condition, The Park Apartments is well-suited for a strategic interior renovation program that could support rent increases and enhance the property’s standing in the submarket.
Supported by regional fundamentals, including a diverse employment base, steady in-migration, and limited new multifamily supply—The Park Apartments provides an opportunity for investors to pursue value creation through capital improvements, operational efficiencies, and strategic rebranding in the heart of Corpus Christi.
Investment Highlights
Value-Add Potential with Classic Unit Interiors
All units remain in classic condition, creating the opportunity for new ownership to implement upgrades and align rents with renovated comparables in the surrounding submarket.
Occupancy and Rent Collections Trending Up
Current occupancy at The Park is 86.1% and trending higher, and the property could generate gross rent collections of more than $2 million annually.
Strategic Location Near Major Employers and Coastal Demand Drivers
The property is near employment centers including the Port of Corpus Christi, Naval Air Station, and regional refineries, which contribute to consistent rental demand.
1% Buyer’s Agent Commission Offered by Seller
The seller is offering a 1% commission to a Buyer’s agent.
DATA ROOM Cliquez ici pour accéder à
- Offering Memorandum
INFORMATIONS SUR L’IMMEUBLE
| Prix | 10 775 000 € | Classe d’immeuble | C |
| Prix par lot | 47 677 € | Surface du lot | 4,27 ha |
| Type de vente | Investissement | Surface de l’immeuble | 17 552 m² |
| Nb de lots | 226 | Occupation moyenne | 83% |
| Type de bien | Immeuble residentiel | Nb d’étages | 2 |
| Sous-type de bien | Appartement | Année de construction | 1967 |
| Style d’appartement | Avec jardin | ||
| Zonage | B-1 | ||
| Prix | 10 775 000 € |
| Prix par lot | 47 677 € |
| Type de vente | Investissement |
| Nb de lots | 226 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | Avec jardin |
| Classe d’immeuble | C |
| Surface du lot | 4,27 ha |
| Surface de l’immeuble | 17 552 m² |
| Occupation moyenne | 83% |
| Nb d’étages | 2 |
| Année de construction | 1967 |
| Zonage | B-1 |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Prêt pour le câble
- Lave-vaisselle
- Broyeur d’ordures
- Ventilateurs de plafond
- Réfrigérateur
- Four
- Cuisinière
- Baignoire/Douche
- Moquette
- Accessible aux fauteuils roulants (chambres)
CARACTÉRISTIQUES DU SITE
- Cour
- Laverie
- Aire de pique-nique
- Aire de jeux
- Property Manager sur place
- Grill
- Aire de jeu pour animaux de compagnie
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 1+1 | 56 | - | 61 |
| 2+2 | 160 | - | 82 |
| 3+2 | 10 | - | 97 |
1 1
Walk Score®
Très praticable à pied (72)
1 sur 8
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
1 sur 1
Présenté par
The Park Apartments | 4040 Schanen Blvd
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