Apartments For Sale • 12,240 SF
Below Market Rents: Serene Shores offers rents well below competitors, with potential to raise rents to market rates upon lease expirations. |
Attractive Basis: The property is offered at a competitive price with potential for NOI growth. |
Capital Improvements: Current ownership has upgraded most unit interiors with new flooring, paint, resurfaced countertops, and lighting fixtures. |
New owners can further enhance the exterior for higher rent potential. |
Loan Assumption Opportunity: Existing loan can be assumed at 5.07% rate, w/ 5+ years remaining, offering flexibility for improvements & refi |
Airport | Drive | Walk | Distance |
---|---|---|---|
Corpus Christi International | 27 min | - | 18.6 mi |