Courtesy of Daniel Martinez, New Beginnings Realty.
9 unit multi family zoned M2. There are (5) studio apartments, (3) 1 bedroom, and (1) 2 bedroom units. Investment property is next to a city park, 5 minutes to UTEP, EPCC, Downtown, Las Palmas, Providence, Southwest University stadium, and all downtown and Mesa St have to offer. Apartments have newer plumbing, electrical, and water efficient toilets, windows, doors, with LOW maintenance. Property taxes are low compared to similar properties. This means more monthly cash flow.In 2016, Government is invested 37 million dollars in highway system that connects these apartments to UTEP, downtown, and major highways. This year, the government is spending even more on the Loop 375 connection project meaning more access and traffic to apartment building. Opportunity to add a laundry site to increase Cashflow another 150 to 350 per mo.
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