Documents
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Attributes
Year Built | 2010 |
Building Area Net |
|
Land Area Net |
|
Number of units | 356 |
Occupancy | 90.0 % |
Call for Offers | 2022-03-22 |
Asset Description
Jones Lang LaSalle Americas. Inc. or its state licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Encore Crossings (the “Property”) located in Corpus Christi, Texas. The 356-unit community was built in two phases between 2010-2015 and represents an opportunity to acquire an outstanding asset with the potential for significant upside through an interior renovation program. Situated just blocks south State Highway 358, the Property’s strategic location provides a strong neighboring amenity base, convenient access to several major thoroughfares, and close proximity to significant economic drivers such CHRISTUS Spohn Hospital, Corpus Christi Medical Center Bay Area, as Texas A&M-Corpus Christi, and Naval Air Station (NAS) Corpus Christi.
Investment Highlights
COMMUNITY AMENITIES:
• Two river/resort pools with aquatic lounge
• Two 24-hour fitness centers
• Outdoor kitchen
• Resident lounge with billiards table
• Outdoor fireplace
• Cyber café with computer stations
• Community conference room
• Carport and detached garages
• Dog park
• Walkable path to Corpus Christi Athletic Club
INTERIOR AMENITIES:
• Energy efficient black appliance package
• Custom cabinetry
• 2” faux wood blinds
• Faux wood flooring*
• Spacious 9’ ceilings w/ crown molding
• Track lighting
• Full size washer & dryer
• Patio/balcony
*In select unit