9700 Gateway Blvd N - Sports and Entertainment CONDO FOR SALE


El Paso, TX 79924- Milagro Hills
$298,500-$597,000 USD
540-255-5496
9700 Gateway Blvd N, El Paso, TX for Sale
$298,500-$597,000 USD
Sports and Entertainment CONDO - FOR SALE
1/5
94 SF | Request Cap Rate

9700 Gateway Blvd N
El Paso, TX 79924
Milagro Hills


HIGHLIGHTS

  • Hands-Free Ownership: Absolute NNN lease requires zero landlord responsibilities.
  • Hands-Free Ownership: Absolute NNN lease requires zero landlord responsibilities.
  • Continued High Yield Annual NOI Available: If the landlord chooses to decline the guaranteed buyout
  • High Cash Flow: 11.00% cap rate with annual rent escalations for built-in growth.
  • Corporate Credit: Backed by VENU Holding Corporation. VENU is a publicly traded company (NYSEAmerican:VENU).

OVERVIEW

This offering represents a sale-leaseback of a 4-seat fire suite, backed by a corporate guaranty from VENU Holding Corporation, and structured with an absolute NNN lease, providing passive income and minimal landlord responsibilities. Ideal for investors seeking mailbox money with strong returns.

FOR SALE DETAILS

PRICE

$298,500-$597,000 USD

CAP RATE

Request Cap Rate

# OF UNITS

3

CONDO SIZE

-

% LEASED

-

TENANCY

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VENU - Luxe FireSuites

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

176,000 SF

STORIES

1

BUILDING CLASS

-

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Clifton McCrorySands Investment GroupMore Info
540-255-5496

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Clifton McCrorySands Investment GroupMore Info
540-255-5496

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