3530 Pera Avenue, El Paso, TX 79905
sale
$650,000
|
Other
Courtesy Of Keller Williams Realty
Excellent investment opportunity! This multifamily/apartment complex features 10 residential and 2 commercial units, making it a versatile income-producing property. With 80% of the units remodeled, tenants enjoy updated and comfortable living spaces. Strategically located in the Empowerment Zone, one of the most accessible areas to/from Ciudad Juarez, this property offers high demand and growth potential. The commercial units provide additional revenue streams, contributing to a 7.04% CAP rate, making it ideal for investors seeking a solid return. Don't miss this chance to own a prime asset in a thriving location!
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Property Features
- Cooling System: Evaporative Cooling
- Fireplace: Fireplace
- Floors: 2
- Heating System: Central
- Legal Description: 7 EAST EL PASO 17 & 18 (7000 SQ FT)
- MLSID: 918623
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