Lyle Raymond - Commercial Real Estate Showcase

Lyle Raymond Property Listings
Property Manager
Arlen Oasis Apartments
4510 Arlen Ave
El Paso, TX 79904
(915) 751-4100

4510 Arlen Avenue - Arlen Oasis Apartments

El Paso, TX 79904 - Angel's Triangle MF Submarket

Property Type:Multi-Family Number of Units:68 Status:Existing Year Built:1972
Stories:2 Building Size:41,000 SF Land Area:2.15 AC (93,654 SF)
For Sale Price:$2,795,000 Price/Unit:$41,102.94 Cap Rate:6.24 % GRM:15.00

Parking:1.47 Parking Spaces / 1,000 SF

Beautiful condo site for sale in a great location. New 2-car parking garages have recently been added! Site amenities include outside lights, some landscaping, and pool. Onsite utilities are all city, and tenant pays electric. Wall unit heating and refrigerated cooling. Owner pays maintenance, some utilities, and water.

Sale Notes:
Building stays rented - only 3 vacancies.

68 units in 5 Buldings. 1, 2, & 3 Bedroom apartments on 2 floors. Rehab completed in 2011. (2) Coinop Laundries (3 Washers/3 Dryers each).

Arlen Oasis Apartments
Lyle Raymond
(915) 751-4100

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