$180,000

3115 Alameda Avenue

El Paso TX, 79905

Description

This property is divided in three spaces. The middle space is rented out for $500.00 a month, and the first space is rented out for $750 a month and the third space is vacant. There were rented out at $350.00 and $500.00 a month. If the entire building would be rented out at $5.00 a square foot, the Net Income would be $28,000 per year. This would make it a 15% return on your investment. A buyer can use an SBA loan, since more than 50% of the building is vacant. The roof was replaced 5 years ago. Owner will finance.

Details

MLS#819971
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Days On Site40

Features

SQ Feet5,325
Story(s)1
ZoningC4

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Area Information

StateTX
CountyEl Paso
CityEl Paso
Zip Code79905
AreaEl Paso
Listing VS Median (in 79905)
Price:
$180,000
low | high
Med:
$120,000
83.333333333333% of Average
SqFt:
5,325
low | high
Med:
2,032
100% of Average
$ / SqFt:
$34
low | high
Med:
$59
24.704724409449% of Average
On Site:
40
low | high
Med:
144
27.777777777778% of Average
Listing Updated: 01/24/2020
MLS Number: 819971
Listing Provided By:
Juan Uribe  of  Team Juan Uribe
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