Serene Shores

For Sale

2026 Waldron Road, Corpus Christi, TX 78418

This Corpus Christi property for sale is located at 2026 Waldron Road. Contact the listing broker for details on the current sale price for Serene Shores.

Contacts

broker
Ryan Quaid

GREA

broker
Zack Del Medico

GREA

broker
Sean Scott

GREA

Property Details

  • Property Type Other
  • Units 20
  • Additional Rent Contact for pricing
  • Date Updated Dec 17, 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.  

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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.

Getting around

  • 3/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 25/100

    Bike Score ®

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Location

  • City Corpus Christi, TX
  • Zip Code 78418
  • Market Corpus Christi

Points of Interest

  • Sunoco

    0.63 miles

  • Valero

    0.91 miles

  • Rudy's Gas

    2.03 miles

  • Exxon

    2.15 miles

  • Stripes

    2.23 miles

  • Tesla Supercharger

    2.53 miles

  • Petro American LLC

    2.63 miles

  • ChargePoint

    7.22 miles

  • Turtle Cove

    0.63 miles

  • Jellyfish

    0.73 miles

  • Curlew

    0.78 miles

  • Seahorse

    0.84 miles

  • Seabreeze

    0.86 miles

  • Tarpon

    0.86 miles

  • Sanddollar

    0.92 miles

  • Hammerhead

    0.93 miles

  • Saint Luke's United Methodist Church Parking

    5.50 miles

  • Bus Parking

    6.40 miles

  • Comfort Suites

    0.87 miles

  • Wingate by Wyndham Corpus Christi

    0.98 miles

  • Motel 6

    1.17 miles

  • Red Roof Inn Corpus Christi South

    1.33 miles

  • Hyatt Place Corpus Christi

    1.36 miles

  • Hilton Garden Inn Corpus Christi

    1.47 miles

  • Best Western

    1.78 miles

  • La Quinta Inn

    1.92 miles

  • La Quinta Inn & Suites Corpus Christi Southeast

    2.24 miles

  • Motel 6 Corpus Christi- Tx

    2.29 miles

  • Sprouts Farmers Market

    2.08 miles

  • Walmart Supercenter

    2.58 miles

  • JCPenney

    2.68 miles

  • H-E-B

    2.72 miles

  • Moore Plaza

    2.74 miles

  • Macy's

    2.76 miles

  • Target

    2.82 miles

  • La Palmera

    2.83 miles

  • Dillard's

    2.93 miles

  • Marshalls

    2.93 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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