Downtown Apartments for Sale

Multi-Family for Sale
Catylist Listing ID: 30611518
Number of Units: 6 Units
Building Size (RSF): 3,585 SF
Gross Land Area: 6,000 SF
Sale Price: $472,500
Unit Price: $78,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Average Occupancy Rate: 90
Last Updated: 8/31/2020

Overview / Comments

This property includes 6 unit, one bedroom apartments. Located on the Corner of Tays St and East 7th Ave. Approximately 2,000 Sq Ft for parking space and access in the rear of the property. Great location in Downtown El Paso! Units renting for approx. $425.00 monthly. Tenants pay majority of utilities. Call for more information.

Additional Details

Nearest MSA: El Paso
County: El Paso
Taxing Authority: El Paso
Tax ID/APN: M02899903704300
Zoning: A3
Percent Occupied: 100%
Property Located Between: Located on 1116 E Seventh Avenue and Tays Street
Area Description: Downtown El Paso
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 1
Year Built: 1910
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Other
Parking Description: Street parking
Sprinklers: None
Air Conditioning: Evaporative Cooler
Internet Access: Other
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Legal Description: 37 MAGOFFIN 9 & 10 EXC S 4 FT OF W 104 FT OF 9 (6184 SQ FT)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,946 65,787 136,875
Median Age: 33.2 35.88 34.41
Households: 4,314 23,826 48,460


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