Colliers is pleased to present the opportunity to acquire The Park Apartments, a 226-unit value-add multifamily community located in the thriving coastal city of Corpus Christi, Texas. Currently 86.1% occupied and trending higher according to the seller, the property could generate gross rent collections of more than $2 million annually. The seller is offering a 1% commission to a Buyer’s agent. The Park Apartments offers investors a rare chance to acquire a well-located, value-add asset in one of South Texas’ most stable and growing rental markets. Situated near major employment hubs, educational institutions, and retail centers, the property is positioned to benefit from the city’s continued economic and population growth. With all units in classic condition, The Park Apartments is well-suited for a strategic interior renovation program that could support rent increases and enhance the property’s standing in the submarket. Supported by regional fundamentals, including a diverse employment base, steady in-migration, and limited new multifamily supply—The Park Apartments provides an opportunity for investors to pursue value creation through capital improvements, operational efficiencies, and strategic rebranding in the heart of Corpus Christi. Investment Highlights Value-Add Potential with Classic Unit Interiors All units remain in classic condition, creating the opportunity for new ownership to implement upgrades and align rents with renovated comparables in the surrounding submarket. Occupancy and Rent Collections Trending Up Current occupancy at The Park is 86.1% and trending higher, and the property could generate gross rent collections of more than $2 million annually. Strategic Location Near Major Employers and Coastal Demand Drivers The property is near employment centers including the Port of Corpus Christi, Naval Air Station, and regional refineries, which contribute to consistent rental demand. 1% Buyer’s Agent Commission Offered by Seller The seller is offering a 1% commission to a Buyer’s agent.