3729 Fred Wilson Ave - Apartments FOR SALE


El Paso, TX 79904- Logan Heights
$750,000 USD
202-257-2458
3729 Fred Wilson Ave, El Paso, TX for Sale
$750,000 USD
Apartments - FOR SALE
1/2
null | 8.3% Cap Rate

3729 Fred Wilson Ave
El Paso, TX 79904
Logan Heights


HIGHLIGHTS

  • Busy area conveniently located near VA Medical Center, Walmart and retail and food establishments
  • Apartments each have 400+ square footage
  • Vacant lot next door zoned and ready for additional construction of apartments

OVERVIEW

Rare opportunity to buy 14-unit apartment building on desirable 18,000 square foot corner lot, with option to purchase adjacent vacant lot at 3737 Fred Wilson (zoned for construction of 10-unit building). Northeast corridor is one of the fastest expanding areas of El Paso and close to Fort Bliss. Smart investors will buy this property and the adjoining lot.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

14

PRICE/UNIT

$53,571

CAP RATE

8.3%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,999 SF

ZONING

A2

APN/PARCEL ID

L447-999-073A-2500

ASK ABOUT THIS PROPERTY

Grisella MartinezMartinez Gustavo RMore Info
202-257-2458

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Grisella MartinezMartinez Gustavo RMore Info
202-257-2458

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.