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1101 Myrtle Ave
El Paso, TX 79901 Downtown El Paso

$675,000 USD

Apartments For Sale  •  6,416 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,416 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1950
  • Cap Rate 8.15 %
  • Zoning C4H
53 Transit Score
83 Walk Score

Highlights

Below Market Rents
10 - 1 BR / 1 Bath units - 575 Sqft
Can implement RUBS system
All tenants MTM

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $53,905 USD (2025)
Cap Rate: 8.15 %
Total Expenses: $28,095 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Tub/Shower
  • Freezer
  • Public Transportation
  • Individual Locking Bedrooms
  • Private Bathroom
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
El Paso International 24 min - 13.0 mi
James Moreno 512-669-6280 eXp Commercial
James Moreno 512-669-6280 eXp Commercial