1938 Ennis Joslin RdCorpus Christi, TX 78412

  • Hospitality properties
  • 688,809 SF
For Sale

Property Details for 1938 Ennis Joslin Rd

Year built
2014
Property size (Sq ft)
688,809 SF
Property type
Hospitality properties
Property subtype
Multifamily properties

Description

The Cottages at Corpus Christi, a Class A, 153-unit student housing community, boasts 98.4% occupancy as of September 25, 2024. This stabilized investment property, built in 2014, comprises 108 two-story buildings totaling 688,809 square feet, with 280,700 square feet of net rentable space. The property features 500 beds across units ranging from two to five bedrooms, each with private bedrooms and en-suite bathrooms. Cottages include patios, and select units offer private balconies. Amenities include a 24/7 fitness center, beach volleyball court, resort-style pool, pet park, and a private study lounge. Conveniently located on the Texas A&M University-Corpus Christi bus route, the property is near retailers like Whataburger, Jersey Mike's, and CVS. The property offers 631 parking spaces. The strong performance reflects the thriving TAMU-CC student housing market, currently 95% occupied with 7% rent growth. Corpus Christi's diverse job market, anchored by TAMU-CC, the Naval Air Station, and Corpus Christi Medical Center, contributes to the area's economic stability. This prime location and exceptional amenities make this a highly desirable and profitable investment opportunity.

1938 Ennis Joslin Rd, Corpus Christi, Texas

Location Insight

City
Corpus Christi
County
Nueces
State
Texas
Latitude
27.6846
Longitude
-97.3299

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