4930 Hercules Ave - Apartments FOR SALE


El Paso, TX 79904
$1,800,000 USD
915-224-5112
4930 Hercules Ave, El Paso, TX for Sale
$1,800,000 USD
Apartments - FOR SALE
1/33
null | 7.39% Cap Rate

4930 Hercules Ave
El Paso, TX 79904


HIGHLIGHTS

  • Spacious, updated units
  • Roof replaced 2019

OVERVIEW

23 Unit apartment complex located in Northeast El Paso. (20) 2 bedroom 1 bath, and (3) 1 bedroom 1 bath units. Excellent condition, spacious, cozy and nicely updated units, roof replaced in early 2019. Electric and gas paid by tenants, water paid by owner but there is a water subsidy charged to tenants. Plenty of parking. Washer hookups in units. Most rents under market. Room for improvement. Close to everything. Great investment opportunity!

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

23

PRICE/UNIT

$78,261

CAP RATE

7.39%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hercules Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,670 SF

ZONING

A2

APN/PARCEL ID

S917-999-002C-0100

ASK ABOUT THIS PROPERTY

Jaime MoraAlluvion Realty Group.More Info
915-224-5112

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Jaime MoraAlluvion Realty Group.More Info
915-224-5112

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.