UNDISCLOSED, EL PASO, TX 79928
Homes for sale in El Paso.
Homes for sale in 79928.
List Price$1,290,000
Undisclosed
El Paso, TX 79928
Listing #949018
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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