UNDISCLOSED, EL PASO, TX 79928

Homes for sale in El Paso.

Homes for sale in 79928.


Active

List Price$1,290,000

Undisclosed

El Paso, TX 79928

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Listing #949018

Commercial

Type

About This Property

Exceptional investment opportunity in the rapidly growing Horizon area. This well-maintained 8-unit apartment complex consists of four buildings situated on approximately one acre of fenced and gated land with ample on-site parking. Built in 2017 using quality construction materials, including granite countertops, laminate flooring, subway tiles, etc. The property features attractive zero-scaping for low-maintenance ownership. All eight units are separately metered and offer 2 bedrooms, 1 bathroom, and approximately 930 square feet each. The property is 100% occupied and generates approximately $115,000 in annual rental income. Utilities include city water and electricity, while each unit is served by its own septic system. The site includes its own ponding and offers additional upside with room to construct up to four more units, making this an outstanding value-add opportunity in one of the region's fastest-growing markets.

Property Features

Location Information

County

El Paso

Interior Features

Has Fireplace

Yes

Heating

See Remarks

Exterior Features

Stories

1

Parking Description

Unassigned

Construction

Masonite

Lot Size in Acres

0.95

Water Source

City

Lot Size in Sq. Ft.

41,382

Septic or Sewer

Septic Tank

Zoning

Out of Area

Utilities

All City, All Utilities

Flood Zone

No

Additional Information

Property Type

COM

Existing Lease Type

Call Listing Office

Tax Year

0

Similar Listings

Mortgage Calculator

$6,024

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,648

Monthly Tax

$1,075

Monthly Insurance

$301

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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