Northmarq finalizes $21 million sale of multifamily property in Corpus Christi, Texas

SAN ANTONIO (August 2, 2021) – Moses Siller, managing director of Northmarq’s San Antonio investment sales office arranged the $21 million sale of a 286-unit multifamily property located at 802 Barry Street in Corpus, Christi.
The property is located is positioned near the Corpus Christi Bay and Oso Bay, providing “Bay Area” residents an idyllic environment. The neighborhood is located only a few miles south of Downtown Corpus Christi, offering residents numerous shopping, dining, and entertainment options. La Palmera mall, Naval Air Station Corpus Christi and Mustang Island State Park further enliven the area.
Apartment amenities include: Washer/dryer in unit, air conditioning, dishwasher, high-speed internet access, walk-in closets, refrigerator, tub/shower, smoke free environment, large bedrooms, vinyl flooring, carpeting and disposal. Community amenities include: Pool, laundry facilities, property manager on-site, basketball court and courtyard.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.