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Apartments For Sale - Downtown El Paso 617 S Virginia St 5 Unit Apartment Building $350,000 ($70,000/Unit) El Paso, TX 79901
Investment Highlights
- 4 Apartment Units Available and Currently Being Remodeled - 1 Unit Already Leased
- Centrally Located Property, Minutes Away from Downtown El Paso
- Gas and Electric Separately Metered.
- Refrigerated Units Are Available
- Close to El Paso-Juarez Port of Entry and Loop 375
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$8,480
|
$3.97
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,480
|
$3.97
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $8,480 |
| Annual Per SF | $3.97 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $8,480 |
| Annual Per SF | $3.97 |
Property Facts
| Price | $350,000 | Lot Size | 0.14 AC |
| Price Per Unit | $70,000 | Building Size | 2,138 SF |
| Sale Type | Investment | Average Occupancy | 20% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1930/2008 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | A3 - Property is zoned A3 in the City of El Paso | ||
| Price | $350,000 |
| Price Per Unit | $70,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 2,138 SF |
| Average Occupancy | 20% |
| No. Stories | 1 |
| Year Built/Renovated | 1930/2008 |
| Opportunity Zone |
Yes |
| Zoning | A3 - Property is zoned A3 in the City of El Paso |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
Site Amenities
- 24 Hour Access
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $925.00 | - |
| 1+1 | 2 | $600.00 | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | C050-999-1080-1100 | Total Assessment | $320,752 |
| Land Assessment | $20,592 | Annual Taxes | $8,480 ($3.97/SF) |
| Improvements Assessment | $300,160 | Tax Year | 2025 |
Property Taxes
Parcel Number
C050-999-1080-1100
Land Assessment
$20,592
Improvements Assessment
$300,160
Total Assessment
$320,752
Annual Taxes
$8,480 ($3.97/SF)
Tax Year
2025
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Apartments For Sale - Downtown El Paso | 617 S Virginia St
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