713-337-5806
5430 Saratoga Blvd, Corpus Christi, TX for Sale
Apartments - FOR SALE
1/15
null | Request Cap Rate

5430 Saratoga Blvd
Corpus Christi, TX 78413
South Side


HIGHLIGHTS

  • 128-Unit Value-Add Apartment Community in Prime South Side Corpus Christ Location.
  • Attractive Freddie Mac loan assumption opportunity offering a fixed rate, high leverage, and interest-only remaining.
  • Well-maintained asset with over $1.56M in capital improvements since 2020.
  • Proven value-add concept with abundant upside remaining; most units remain in classic condition.
  • Located along the heavily trafficked Saratoga Boulevard near major employment and retail centers.
  • Affluent surrounding demographics with higher-than-average household incomes & home values relative to the market.

OVERVIEW

Newmark has been exclusively retained to represent the Seller in the disposition of Country Club Manor. All inquiries about the Offering or the Properties should be directed to Newmark. The Properties are being offered on a loan assumption basis to qualified purchasers. Prospective purchasers will have the opportunity to visit the Properties through scheduled tours with Newmark. Please do not contact the on-site management directly.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

128

CAP RATE

Request Cap Rate

% LEASED

74%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Club Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

200

LAND DETAILS

LAND ACRES

6.49 AC

LAND SF

282,879 SF

ZONING

A-1

APN/PARCEL ID

1843-0100-0020

ASK ABOUT THIS PROPERTY

Brad ShafferNewmarkMore Info
713-337-5806

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brad ShafferNewmarkMore Info
713-337-5806

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.