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Historic Government Hill Value-Add Opportunit 4424 Hueco Ave 5 Unit Apartment Building $455,000 ($91,000/Unit) 8.13% Cap Rate El Paso, TX 79903
Investment Highlights
- Historic Government Hill location near Loretto Academy
- R-3 zoning allows flexible owner-occupant, multi-unit, or investor use
- Detached secondary structure (~400 SF) offers rental/in-law potential
Executive Summary
Value-add opportunity in historic Government Hill, near Loretto Academy. This 1929 single-family residence (~2,797 SF) sits on a 7,000 SF R-3 lot with a completely detached secondary structure (~400 SF) in the rear. The main home was previously configured as a multi-unit layout and can be restored to single-family or reconfigured -- bring your vision. R-3 zoning offers flexibility for an owner-occupant, in-law/rental setup, or investor repositioning. Sold AS-IS. Buyer to verify zoning, permitted use, unit count, square footage, and all measurements with the City of El Paso. Cash or conventional.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $455,000 | Property Subtype | Apartment |
| Price Per Unit | $91,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 8.13% | Building Size | 2,797 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1929 |
| Zoning | R-3 - Residential | ||
| Price | $455,000 |
| Price Per Unit | $91,000 |
| Sale Type | Investment |
| Cap Rate | 8.13% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,797 SF |
| No. Stories | 1 |
| Year Built | 1929 |
| Zoning | R-3 - Residential |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | G569-999-0930-5500 | Total Assessment | $234,047 |
| Land Assessment | $28,108 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $205,939 | Tax Year | 2026 |
Property Taxes
Parcel Number
G569-999-0930-5500
Land Assessment
$28,108
Improvements Assessment
$205,939
Total Assessment
$234,047
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Historic Government Hill Value-Add Opportunit | 4424 Hueco Ave