7441 Alameda Ave - Apartments FOR SALE


El Paso, TX 79915- Up-El Paso
$440,000 USD
915-292-2324
7441 Alameda Ave, El Paso, TX for Sale
$440,000 USD
Apartments - FOR SALE
1/39
null | 12.24% Cap Rate

7441 Alameda Ave
El Paso, TX 79915
Up-El Paso


HIGHLIGHTS

  • Earn Money on Day 1. Instant Income with Great ratings from Airbnb and Booking.com and LT tenants

OVERVIEW

?? Prime El Paso Investment: Cash-Flowing 4-Plex in Booming Development Zone ?? Location: Onward Alameda Master Plan, El Paso, TX ?? Sales Price: $440,000 (Recent comps suggest market value up to $546,000) ? ?? Turnkey, Fully Renovated 4-Plex with Proven Airbnb & Long-Term Rental Income This rare, high-income property features four fully remodeled 1,122 sq ft units, each offering: • 2 Bedrooms, 1 Bath • Spacious open-concept layout • Modern kitchens and premium finishes • Keyless electronic entry • Arlo 24/7 security cameras and high-speed Wi-Fi Currently grossing over $70,000 annually through Airbnb, Booking.com, and VRBO — with strong potential for additional long-term rental income. ? ?? Buy with Built-In Equity: Priced at $440,000 - Up to $100K Under Market Recent comparable sales in the area support a market value as high as $546,000, meaning you’re walking into up to $100,000 in instant equity at closing. Translation: You’re paying less than the property is worth — a smart move whether you’re flipping, refinancing, or holding long-term. ? ??? Recent High-End Renovations Include: • New Lennox HVAC systems • Energy-efficient argon gas windows • White acrylic reflective roofing (heat-reducing) • Rust-Oleum polycuramine floor coatings (ultra-durable) • Commercial solar lighting throughout exterior ? ?? Investment Highlights: • Located in the Onward Alameda Master Plan, a city development and growth zone • Design-forward appeal that attracts top-tier tenants and guests • Immediate cash flow + long-term appreciation potential • Flexible financing options: • Private lender available with 20% down (no credit check) • FHA & conventional financing also accepted • Appliances negotiable ? ?? Recent Comparable Sales: 1904 Karen Sue A-D | 4bd/4ba | 2,408 sq ft | Sold 4/2/25 | $350,000 ($145/sq ft) 1531 Common Dr | 4plex | 3,762 sq ft | Sold 3/31/25 | $475,000 ($126/sq ft) 8549 Dorbandt Cir | 4plex | 2,846 sq ft | Sold 2/24/25 | $239,500 ($84/sq ft) 301 Dolan St | 4plex | 2,121 sq ft | Sold 2/18/25 | $280,000 ($132/sq ft) Subject Property | 4 units | 4,488 sq ft | Estimated Value: $546,000 ($121.75/sq ft) ? ?? Ready to Invest or Schedule a Tour? Contact: David Arteaga, Broker NXT Level Real Estate ?? 915-292-2324 ?? [Email available upon request] ?? Explore the Onward Alameda Vision: www.arcgis.com ?? Rent Roll & Financials: https://1drv.ms/x/c/cc39ae07ee8db7ff/ETo4

FOR SALE DETAILS

PRICE

$440,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

4

PRICE/UNIT

$110,000

CAP RATE

12.24%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B4

APN/PARCEL ID

Y805-999-0250-0434

ASK ABOUT THIS PROPERTY

David ArteagaNXT Level Real EstateMore Info
915-292-2324

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David ArteagaNXT Level Real EstateMore Info
915-292-2324

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