1515 ENNIS JOSLIN RD | CORPUS CHRISTI, TX 78412

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Executive Summary

Berkadia’s Multifamily Investment Advisory Team is pleased to present the exclusive offering of The Shores, a 356-unit, well-maintained and historically stable garden-style community located in Corpus Christi’s dynamic South Side submarket, just minutes from Texas A&M University–Corpus Christi. Comprised of two phases built in 1977 and 1981, the Property encompasses thirty-five (35) two-story residential buildings and two (2) one-story buildings (leasing office and fitness center), on 17.18 acres with a favorable density of 20.72 units per acre on sprawling grounds directly across Ennis Joslin from Oso Bay. Strategically positioned at the epicenter of the Ennis Joslin corridor, The Shores offers tenants direct access to key economic drivers including Texas A&M University – Corpus Christi, NAS – Corpus Christi, Corpus Christi Army Depot, Corpus Christi Medical Center – Bay Area, and CHRISTUS Spohn Hospital – South Side. The Shores also offers residents easy access to the city’s premier retail corridor located along South Padre Island Drive. Notably, La Palmera, Moore Plaza, Sunrise Mall, and Gulfway Shopping Center are all positioned under 3 miles away from the Property.

The Shores offers investors a rare opportunity to acquire a well-maintained, historically stable asset with meaningful scale in a desirable pocket, delivering strong current cash flow and attractive in-place yields further enhanced by a favorable Fannie Mae loan assumption. With 100% classic units and minimal deferred maintenance, the property presents compelling upside through targeted operational improvements, interior upgrades, and amenity enhancements—positioning new ownership to benefit from durable day-one cash flow and enhanced investment performance over time.

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Investment Highlights 

Amenities

Community Amenities 

  • Covered Parking
  • 4 Laundry Rooms
  • 24-Hour Emergency Maintenance
  • Fitness Center
  • 3 Swimming Pools
  • Spa / Hot Tub
  • Sand Volleyball Court
  • Basketball Half Court
  • Picnic Area With Grills
  • Pet Friendly (small pets welcome)
  • Near Public Transportation
  • TAMUCC shuttle

Apartment Features

  • Large Closets
  • Washer/Dryer Connections
  • Washer/Dryers Available
  • Central Air Conditioning/Heat
  • Wood Style/Ceramic Flooring and Bedroom Carpeting
  • Woodburning Fireplaces
  • Ceiling Fans
  • Frost-Free Refrigerators
  • Dishwashers
  • Garbage Disposals
  • Patio/Balcony
  • Outside Storage

*Some amenities are only available in select apartments

Contact us

INVESTMENT SALES

KELLY WITHERSPOON
Senior Managing Director
T: +1 512 226 8706
[email protected]

JUSTIN COLE
Managing Director
T: +1 512 226 8711
[email protected]

ADAM SUMRALL
Director
T: +1 512 960 2674
[email protected]

BENOIT ROCHARD
Director
T: 512 226 8716
[email protected]

FINANCING

CAMERON HART
Managing Director
T: +1 512 226 8708
[email protected]

JOHN ROMANO
Associate Director
T: +1 512 226 8714
[email protected]

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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.  

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