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Listed by R C Properties
$ 2,900,000
Est. payment | /mo
31,363 SqFt
$ 2,900,000
Est. payment | /mo
31,363 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 31,363 sqft
Price per Sqft $92
MLS Listing ID 950041
Lot Size 0.720 Acres
Acres 0.72
Source Greater El Paso Association of REALTORS®
Property Description
A rare renovated 51-unit apartment complex spanning four brick buildings in the heart of historic downtown El Paso. Recent upgrades touch every layer of the property: exterior facades, common grounds, and individual units, leaving no deferred maintenance for a new owner to inherit. The property is professionally managed with an on-site property manager during regular business hours, ensuring smooth day-to-day operations and tenant support. Combined with its move-in-ready condition and historic downtown location, this asset is positioned as a low-friction, income-ready addition to any investment portfolio.
HIGHLIGHTS:\
· 51 Units plus On-site Office
· Renovated Complex
· Pro Forma NOI: $213,823
HIGHLIGHTS:\
· 51 Units plus On-site Office
· Renovated Complex
· Pro Forma NOI: $213,823
Location
State TX
County El Paso
Zoning SCZ
Rooms
Other Rooms Covered Arena, Other, See Remarks
Interior
Heating Central
Cooling Multi Units, Window Unit(s)
Fireplaces Number 31363
Fireplace Yes
Exterior
Parking Features Assigned, On Street, See Remarks
Utilities Available All City
Building
Story 2
Water City
Level or Stories 2
Structure Type Brick
Others
Tax ID 169190
Virtual Tour https://www.propertypanorama.com/instaview/gepar/950041
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