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4605 Arlen Ave 4 Unit Apartment Building $469,990 ($117,498/Unit) 5.63% Cap Rate El Paso, TX 79904
Investment Highlights
- 2-story, 4-unit apartment
Executive Summary
4-unit apartment
Property Facts
| Price | $469,990 | Building Class | C |
| Price Per Unit | $117,498 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 3,200 SF |
| Cap Rate | 5.63% | Average Occupancy | 100% |
| Gross Rent Multiplier | 13 | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1979/2013 |
| Property Type | Multifamily | Parking Ratio | 1.25/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | A2 - Medium Density Apartment | ||
| Price | $469,990 |
| Price Per Unit | $117,498 |
| Sale Type | Investment |
| Cap Rate | 5.63% |
| Gross Rent Multiplier | 13 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2013 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | A2 - Medium Density Apartment |
Amenities
Unit Amenities
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 8+4 | 4 | $750.00 | 800 |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | D361-999-0210-9000 | Improvements Assessment | $205,050 |
| Land Assessment | $26,950 | Total Assessment | $232,000 |
Property Taxes
Parcel Number
D361-999-0210-9000
Land Assessment
$26,950
Improvements Assessment
$205,050
Total Assessment
$232,000
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4605 Arlen Ave