Corpus Christi’s Baypoint, Harbour Landing sold

Luxury apartment portfolio bought by LLC

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An apartment portfolio in Corpus Christi, Texas, recently sold to a limited liability company for an undisclosed price. The two multifamily complexes, Baypoint Resort Apartments/Condominiums and Harbour Landing Apartments, are located at 1802 Ennis Joslin Road and 8033 South Padre Island Drive, respectively. The 350-unit Baypoint Resort sits along Oso Bay on more than 29 acres and features a comprehensive unit mix with large units that include: 60 one-bedroom, one-bath (675 square feet); 54 one-bedroom, one-bath (822 square feet); 42 two-bedroom, one-bath (909 square feet); 94 two-bedroom, two-bath (928 square feet); 52 two-bedroom, two-bath (1,185 square feet); 24 two-bedroom, two-bath (1,383 square feet); and 24 three-bedroom, two-bath (1385 square feet). Built in 1998, the 338,350-square foot complex offers common-area amenities such as a poolside entertainment pavilion with a wet bar, and bayside trails and sport courts. A condominium map is in progress for the property. Harbour L...