Northmarq announces sale of Carmel Apartments in Corpus Christi, Texas
SAN ANTONIO, TEXAS (January 23, 2023) — Moses Siller, Zar Haro, Bryan VanCura, Phil Grafe, Brian Booth, and Stephanie Hernandez of Northmarq’s San Antonio office, arranged the sale of the Carmel Apartments located at 1001 Carmel Parkway in Corpus Christi, Texas. The 74-unit multifamily community features 1, 2, and 3-bedroom apartments. Northmarq represented the seller, 3CM Multifamily.
The Carmel Apartments feature balconies, large closets, and hardwood floors with community amenities like extra storage, a pool, and laundry facility. A 7-minute drive to Texas A&M University, the property has 3 shopping centers within half a mile, including Carmel Village, Pope Place Shopping Center, and Town & Country Shopping Center. Additionally, Carmel Apartments is less than 5 minutes from Walmart, Target, Sam’s Club, and more.
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. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.