3420 Frutas Ave, El Paso, TX 79905

Multi-Family for Sale
Catylist Listing ID: 30721829
Property Subtypes: Low-Rise/Garden
Number of Units: 9 Units
Building Size (RSF): 11,634 SF
Gross Land Area: 22,750 SF
Sale Price: $425,000
Unit Price: $47,222.22 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 9 unit multi-family complex coupled with a Body Shop in the back 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. Additionally this part of town is also know for an abundance of well known body shops. So tenant possibilities are positive.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $13,689 (Annual)
Potential Rental Income $45,000 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: E01499902205100
Zoning: M-1
Total Number of Buildings: 9
Property Condition: Poor
Number of Stories: 1
Year Built: 1925
Year Renovated: 1970
Roof Type: Flat
Construction/Siding: Stucco
Heat Type: Electricity
Heat Source: Wall Units
Fuel: Gas
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: 22 EAST EL PASO 21 TO 26 & W 1/2 OF 20 (22750.00 SQ FT)

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,972 107,223 183,211
Median Age: 33.74 35.28 34.68
Households: 6,633 37,418 65,157

Contact

Photograph of Listing Agent

Jose "Pepe" Royo

PPR Real Estate Border CIE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater El Paso Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.