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- LoopNet Team
7020 Doniphan Dr
Canutillo, TX 79835
9 units for Sale in West El Paso · Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Close proximity to The Outlet Shoppes at El Paso.
- The property is offered as fee simple.
- Easy access to Highway.
PROPERTY FACTS
| No. Units | 9 | Building Size | 2,964 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1990 |
| Lot Size | 0.06 AC |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.06 AC |
| Building Size | 2,964 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1990 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Ceiling Fans
ABOUT 7020 DONIPHAN DR , CANUTILLO, TX 79835
Excellent opportunity to own an apartment building in West El Paso, TX. Coldwell Banker is pleased to offer for sale this two-story in close proximity to The Outlet Shoppes at El Paso and easy access to I-10. NOI for the property is ACTUAL with seasoned leases and no vacancy. Do not disturb tenants, knock on doors, nor park on the property. Property has a master meter for electricity, gas, and water, paid by the landlord. All units are in good condition with the ability to add value. CAP rate 7.83%, Net Operating Income: $40,313 Qualified HUBZone until December 31, 2021. Buyer should be a sophisticated purchaser who is familiar with the ownership and operation of real estate projects similar to the property and that buyer has or will have adequate opportunity to complete all physical and financial examinations relating to the acquisition of the property hereunder it deems necessary, and will acquire the same solely on the basis of such examinations and the title insurance protection afforded by the owner’s policy and not on any information provided or to be provided by seller.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $445.00 | - |
| 1+1 | 6 | $375.00 | - |
| 2+1 | 2 | $662.50 | - |
PROPERTY TAXES
| Parcel Number | C110-000-0070-1100 | Improvements Assessment | $181,690 |
| Land Assessment | $8,750 | Total Assessment | $190,440 |
PROPERTY TAXES
