Mirabal Montalvo & Associates
Listed by Mirabal Montalvo & Associates
$3,499,900
3702 Thornberry
Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 39,814
Units 40
Cap Rate 9.70%
Occupancy 95%
Pro-Forma Cap Rate 10.3%
Pro-Forma NOI $360,347
Class B
Year Built 1976
Buildings 5
Stories 2
Lot Size (SqFt) 84,656
Investment Type Stabilized
Multifamily | 40 Units | $87,498/unit
Marketing description
Seize this unique investment opportunity to own a cash-flowing property with 40 townhome-style units on a private cul-de-sac in Corpus Christi’s Southside, offering a mix of spacious and updated interiors—26 are 1-bed/1-bath, 4 are 2-bed/1-bath, and 10 are 2-bed/2-bath—with highlights like fresh paint, appliances, lighting, and plumbing fixtures, assigned covered parking, easy-care brick and siding exteriors, and an unbeatable location near shopping, groceries, medical care, restaurants, and SPID. Must See!
Listing Contacts
Mirabal Montalvo & Associates
Listed by Mirabal Montalvo & Associates
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Zoning
RS-6 ResidentialSingle FamilyResidential Single Family 6
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View all 29 uses Last updated Apr 8, 2026 For deeper zoning details, reports are available at Zoneomics
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