Main Content

4521 Apollo Avenue, El Paso, TX 79904 (MLS # 755964)

Save to Favorites
Print
Share
PRICE $750,000
SIZE 7,522 sq ft
LOT SIZE 1.60 ac

23 unit property at 4521 Apollo, El Paso, Texas, 79904. The property includes four duplexes (8 units), three houses, and 12 mobile homes on individual mobile home lots. All of the mobile homes are owned by the Seller. The on-site manager occupies one of the mobile homes which rents for $600 per month. A statement of income and expense for the one-year period ending September 30, 2017 is available. The $92,774 Net Operating Income reflects a 12.73 cap rate on the sales price of $750,000. The total cash investment including estimated closing costs and loan fees is $197,345. The Cash-on- Cash return ($35,809.62) is 18.15% assuming financing of 75% LTV, 6% interest and a 15 year loan term.

DAYS ON MARKET 16 LAST UPDATED 10/5/2018
YEAR BUILT 0 COUNTY EL PASO
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Evaporative
AIR CONDITIONING Yes
CONSTRUCTION Brick Veneer, Frame, Manufactured
GARAGE On Street, Un-assigned
HEAT Central Forced Air, Floor Furnace, Hot Water
INTERIOR Fenced Yard
LOT 1.5996 acre(s)
TAXES 9580
UTILITIES All City,Electric,Natural Gas
ZONING RMH

SATELLITE VIEW



 
CONTACT US ABOUT 4521 APOLLO AVENUE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Karen Polanco to contact you even if your name is on a Federal or State "Do not call List".

Listed with EXIT West Realty

The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than Karen Polanco Real Estate Team are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.

Listing data is deemed reliable but not guaranteed.

Copyright 2018 the Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2018.