- For Sale Contact for pricing
- Property Type Other
- Units 20
- Additional Rent Contact for pricing
- Date Updated Dec 24, 2024
Serene Shores Apartments is a recently renovated, 20-unit multifamily community located in the Flour Bluff submarket of Corpus Christi, TX in Nueces County. The garden-style property was built in 1973 and is comprised of 2, two-story masonry buildings with flat roofs and is situated on a total area of 0.83 acres. Serene Shores offers spacious one-bedroom / one-bathroom floor plans measuring approximately 600 square feet each. Each unit has been fully renovated and features central air conditioning and heat, contemporary fixtures, luxury vinyl plank flooring, and carpeting. Exterior capital improvements include exterior paint and new wooden stair and balcony rails. Laundry facilities and ample off-street parking are provided.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 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: The existing loan can be assumed at a 5.07% rate, with over five years remaining, offering flexibility for property improvements and refinancing.
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Contacts
Location
Getting Around
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Walk Score ®
3/100 Car-Dependent -
Transit Score ®
31/100 Some Transit -
Bike Score ®
25/100 Somewhat Bikeable
- City Corpus Christi, TX
- Zip Code 78418
- Market Corpus Christi
Points of Interest
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Sunoco
0.63 miles
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Valero
0.91 miles
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Rudy's Gas
2.03 miles
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Exxon
2.15 miles
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Stripes
2.23 miles
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Tesla Supercharger
2.53 miles
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Petro American LLC
2.63 miles
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ChargePoint
7.22 miles
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Turtle Cove
0.63 miles
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Jellyfish
0.73 miles
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Curlew
0.78 miles
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Seahorse
0.84 miles
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Seabreeze
0.86 miles
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Tarpon
0.86 miles
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Sanddollar
0.92 miles
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Hammerhead
0.93 miles
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Saint Luke's United Methodist Church Parking
5.50 miles
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Bus Parking
6.40 miles
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Comfort Suites
0.87 miles
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Wingate by Wyndham Corpus Christi
0.98 miles
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Motel 6
1.17 miles
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Red Roof Inn Corpus Christi South
1.33 miles
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Hyatt Place Corpus Christi
1.36 miles
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Hilton Garden Inn Corpus Christi
1.47 miles
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Best Western
1.78 miles
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La Quinta Inn
1.92 miles
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La Quinta Inn & Suites Corpus Christi Southeast
2.24 miles
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Motel 6 Corpus Christi- Tx
2.29 miles
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Chick-fil-A
0.70 miles
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Jersey Mike's Subs
0.84 miles
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Whataburger
0.86 miles
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Bill Miller BBQ
1.05 miles
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McDonald's
1.07 miles
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Popeyes
1.28 miles
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Saltgrass Steak House
1.39 miles
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Applebee's
1.44 miles
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Bo Korean BBQ
2.03 miles
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Rudy's Country Store & Bar-B-Q
2.03 miles
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Texas A&M University-Corpus Christi
0.70 miles
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Texas A&M University Corpus Christi - Momentum Campus
0.95 miles
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Haas Junior High School
1.27 miles
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Haas Middle School
1.28 miles
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Woodlawn School
1.33 miles
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Smith Elementary School
1.34 miles
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Woodlawn Elementary School
1.35 miles
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Broken Camp Residential Alternative School
1.69 miles
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Cullen Middle School
2.03 miles
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Montclair Elementary School
2.07 miles
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KinderCare
0.89 miles
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Odyssey Early Learning Center
4.42 miles
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The Academy of Living Literacy
5.05 miles
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Coastal Bend Child Care
7.68 miles
Frequently Asked Questions
The sale price for Serene Shores is available upon request. Contact the listing broker for more information.
Serene Shores totals 12,440 square feet.
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