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5430 Saratoga Blvd
Corpus Christi, TX 78413
Country Club Manor · Multifamily Property For Sale
·
128 Units
Investment Highlights
- 128-Unit Value-Add Apartment Community in Prime South Side Corpus Christ Location.
- Well-maintained asset with over $1.56M in capital improvements since 2020.
- Located along the heavily trafficked Saratoga Boulevard near major employment and retail centers.
- Attractive Freddie Mac loan assumption opportunity offering a fixed rate, high leverage, and interest-only remaining.
- Proven value-add concept with abundant upside remaining; most units remain in classic condition.
- Affluent surrounding demographics with higher-than-average household incomes & home values relative to the market.
Property Facts
| No. Units | 128 | Building Size | 150,000 SF |
| Property Type | Multifamily | Average Occupancy | 64% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1971 |
| Building Class | B | Parking Ratio | 1.95/1,000 SF |
| Lot Size | 6.49 AC | ||
| Zoning | A-1 | ||
| No. Units | 128 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 6.49 AC |
| Building Size | 150,000 SF |
| Average Occupancy | 64% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | A-1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Security System
- Ceiling Fans
- Hardwood Floors
- Refrigerator
Site Amenities
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 50 | - | 632 - 703 |
| 2+1.5 | 58 | - | 821 - 1,262 |
| 3+2 | 10 | - | 1,111 |
| 3+2.5 | 10 | - | 1,468 |
Property Taxes
| Parcel Number | 217949 | Improvements Assessment | $10,495,158 |
| Land Assessment | $1,697,268 | Total Assessment | $12,192,426 |
Property Taxes
Parcel Number
217949
Land Assessment
$1,697,268
Improvements Assessment
$10,495,158
Total Assessment
$12,192,426
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