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$550,000

3701 Fred Wilson Avenue, El Paso, TX, 79904

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths4,887 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size12,360 sqft

Building Information

Year Built1958
Roof Type105

Land Information

APNL447-999-073A-4100
SubdivisionLogan Heights
Land UseResidential
Legal Description73-A LOGAN HEIGHTS 5 TO 8 (12360 SQ FT)
Census Tract000600
Assessed Land Value$16,439
Assessed Improvement Value$498,671
Assessment Year2025

About this property

Phenomenal investment opportunity awaits you here. Desirable 10-unit multifamily property in Northeast El Paso's Logan Heights. This mid-century brick construction spans approximately 4,887 square feet and sits on a generous 0.28-acre lot. The property consists of ten functional 1-bedroom units that have consistently shown rental flow. Strategic upgrades include a brand-new roof installed in August 2023, ensuring long-term structural integrity and reduced maintenance costs. The complex is designed for ease of management and tenant satisfaction, featuring a central courtyard with a barbecue area perfect for outdoor entertainment. Residents benefit from essential amenities including on-site laundry facility and off-street parking with a ratio of nearly two spaces per unit. Its unparalleled location offers immediate proximity to Fort Bliss, US-54.

Investor Tools

$401,607Estimated Mortgage Balance
$113,503Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Cassandra Rosales

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,760
$515,110
2025
$16,439
$498,671
$515,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,760
$515,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocity Commercial Capital Llc
Commercial
$420,000
No
First
Dec 13, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,607
$113,503
22%
78%
$2,519/mo

City: El Paso

3701 Fred Wilson Avenue | Property Details | No Agent List