$500,000

7048-7050 Alameda Avenue

El Paso TX, 79915

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Description

2 Buildings side by side for sale. 8 units total. Triple Net. 7048 has 5 units and 7050 has 3 units. The potential NOI should be approximately $54,000. This is based on $750.00 per unit with a gross amount of $72,000 per year. The cap rate at current price is close to 11%.

Details

MLS#816395
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site109

Features

SQ Feet30,684
Story(s)1
ZoningC1

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Claudia Hargrove

Claudia Hargrove

 (915) 630-3166

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Area Information

StateTX
CountyEl Paso
CityEl Paso
Zip Code79915
AreaEl Paso
Listing VS Median (in 79915)
Price:
$500,000
low | high
Med:
$149,975
100% of Average
SqFt:
30,684
low | high
Med:
1,000
100% of Average
$ / SqFt:
$16
low | high
Med:
$38
80.13% of Average
On Site:
109
low | high
Med:
171.500000
63.556851311953% of Average
Listing Updated: 01/17/2020
MLS Number: 816395
Listing Provided By:
Russell Sheid  of  Century 21 The Edge

Claudia Hargrove - Coldwell Banker Legacy