10 Units - MultiFamily - Northeast El Paso

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30565695
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 10 Units
Building Size (RSF): 8,980 SF
Gross Land Area: 16,988 SF
Sale Price: $383,959
Unit Price: $38,395.90 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/3/2020

Overview / Comments

This property consists of 10 Units, all two-bedroom and one-bath. It is located, in Northeast El Paso, right off the Gateway, and right on Sunrise Drive. This property has a net income of $2,875.00 monthly. The property currently has 5 vacancies so there is room for growth.he owner of this complex has a total of 96 units consisting of three properties: 8740 Gateway North (48 Units), 4425 Sunrise (38 Units), and 4421 Sunrise (10 units) , which are all listed for sale. The P&L reflected in the attached documents is for all units combined. The P&L Does not reflect property taxes.

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: D36199900500100
Zoning: A2
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1963
Parking Type: Structure
Total Parking Spaces: 15

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,735 72,000 175,355
Median Age: 30.24 31.25 32.82
Households: 5,401 24,482 59,723


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