3408 Frutas Ave, El Paso, TX 79905

Multi-Family for Sale
Catylist Listing ID: 30721807
Property Subtypes: Low-Rise/Garden
Number of Units: 12 Units
Building Size (RSF): 5,460 SF
Gross Building Area: See Agent
Gross Land Area: 14,000 SF
Sale Price: $399,000
Unit Price: $33,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/6/2021

Overview / Comments

Take advantage of a solid real estate instrument to invest your money and safeguard against the potential perils of inflation. This 12 unit multi-family complex is strategically located in a corridor that connects two international bridges, downtown and medical facilities and universities. As an investor, you will have a consistent pool of tenants that need to be in this part of town.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $9,771 (Annual)
Potential Rental Income $33,360 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: E01499902205600
Zoning: M-1
Total Number of Buildings: 12
Property Condition: Poor
Number of Stories: 1
Year Built: 1918
Roof Type: Gable
Construction/Siding: Stucco
Parking Type: Surface
Total Parking Spaces: 24
Heat Source: Wall Units
Fuel: Gas
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: 22 EAST EL PASO 27 TO 30 (14000 SQ FT)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,097 107,223 183,211
Median Age: 33.38 35.28 34.68
Households: 6,321 37,418 65,157

Contact

Photograph of Listing Agent

Jose "Pepe" Royo

PPR Real Estate Border CIE Member
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