1209 Gateway Blvd S | El Paso, TX 79903
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- LoopNet Team
1209 Gateway Blvd S
El Paso, TX 79903
3-Unit Property with $280,000 ARV · Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- Official Appraised After-Repair Value of $280,000 (per CBRE)
- The outlook for the neighborhood is for stable performance with gradual improvement
- There is a current positive net absorption of nearby units due to ample light-industrial development and few multifamily construction startups
- $15,000 Worth of Interior Demolition and Exterior Demolition have been Performed
- Centrally located which facilitates convenient access to local amenities, jobs, and recreation
PROPERTY FACTS
| No. Units | 3 | Building Size | 1,890 SF |
| Property Type | Average Occupancy | 0% | |
| Apartment Style | Single-Family Home | No. Stories | 1 |
| Lot Size | 0.09 AC | Year Built | 1930 |
| Zoning | R5 | ||
| No. Units | 3 |
| Property Type | |
| Apartment Style | Single-Family Home |
| Lot Size | 0.09 AC |
| Building Size | 1,890 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 1930 |
| Zoning | R5 |
AMENITIES
UNIT AMENITIES
- Fireplace
- Washer/Dryer Hookup
SITE AMENITIES
- Guest Apartment
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 1 | - | - |
| 1+1 | 1 | - | - |
| Studios | 1 | - | - |
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