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Listed by Keller Williams Realty
$650,000
Est. payment /mo
6,969 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,969 sqft
Price per Sqft $93
Subdivision East El Paso
MLS Listing ID 918623
Lot Size 6,969 Sqft
Acres 0.16
Source Greater El Paso Association of REALTORS®
Property Description
Excellent investment opportunity! This multifamily/apartment complex features 10 residential and 2 commercial units, making it a versatile income-producing property. With 80% of the units remodeled, tenants enjoy updated and comfortable living spaces. Strategically located in the Empowerment Zone, one of the most accessible areas to/from Ciudad Juárez, this property offers high demand and growth potential. The commercial units provide additional revenue streams, contributing to a 7.04% CAP rate, making it ideal for investors seeking a solid return. Don't miss this chance to own a prime asset in a thriving location!
Location
State TX
County El Paso
Community East El Paso
Zoning A3
Interior
Heating Central
Cooling Refrigerated, Evaporative Cooling
Fireplaces Number 7000
Fireplace Yes
Exterior
Utilities Available All City, All Utilities
Building
Story 2
Level or Stories 2
Others
Tax ID E01499900704100
Virtual Tour https://www.propertypanorama.com/instaview/gepar/918623
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