
$345,000
1001 S Florence St Fl Orence, El Paso, TX, 79901
About this property
Prime downtown El Paso location! This two-story, 10-unit apartment complex offers an excellent opportunity for investors looking to add value and build long-term income potential. The property features 8 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. The complex maintains approximately 90% occupancy at all times, demonstrating consistent rental demand. The property is priced to sell and offers significant upside for an investor willing to complete improvements. Exterior repairs and updates are needed, along with work within individual units. The owner currently pays water and trash, while tenants are responsible for gas and electricity. Located directly across from Aoy Elementary School and Armijo Park & Aquatic Center, with convenient access to downtown El Paso amenities, transportation, shopping, and services. Cash purchase only. Bring your vision and unlock the potential of this well-located investment property! Call for more information and viewing opportunities.
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Learn About the Market: Opportunity in El Paso



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El Paso
El Paso is one of Texas’ most unique housing markets, combining affordability, military employment, international trade, and a strong regional identity. Located on the U.S.–Mexico border, the city serves as a major center for logistics, healthcare, education, manufacturing, and defense-related industries.
The city’s housing market is supported by the presence of Fort Bliss, one of the largest military installations in the United States. Compared to many other Texas metros, El Paso offers relatively affordable homeownership opportunities while maintaining stable demand from local residents, military personnel, and investors.
Population Growth
0.6%
Net Migration
Stable
Median Home Price
$184,500
Unemployment Rate
4.0%
Price Trend
+1.6% YoY
New Permits
Dynamic Permit Feed
City: El Paso
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