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H255V Mix - use property in El Paso / LP

H255V Apartment Building with Commercial Units in El Paso*

Property ID: H255V

Property Type: Apartment Building

Location: El Paso

Municipality: El Paso

Description:

Located in the charming center of El Paso, this three-story apartment building with commercial units offers excellent development potential.

The property comprises a total of 10 ready-to-occupy apartments, 2 apartments in shell condition, 5 commercial units, and a garage.

The apartments have living areas ranging from 44 m² to 55 m². Each unit features an open-plan living and kitchen area, one bedroom, and one bathroom. Five apartments are located on the first floor and another five on the second floor.

On the ground floor, there are five commercial units ranging from 36 m² to 50 m², as well as the garage.

The property also includes a 617 m² plot of land located behind the building, already included in the purchase price. Of this area, 327 m² can be developed. This offers the possibility of constructing another building of similar size or expanding the existing property.

This property represents an attractive investment opportunity, both for long-term rental income and for the future sale of individual apartments and commercial units.

Location:

The central location in El Paso provides excellent infrastructure. Shopping facilities, a health center, banks, schools, and other daily services are all within walking distance, enhancing the attractiveness of the location.

Details:

Altitude: 655 m

Year of construction: 1999

Three-story building with 287 m² built area

10 residential units (ready to occupy)

2 residential units in shell condition

5 commercial units (ready to occupy)

1 garage

The building is in good overall condition.

Electricity connection: Yes

Type of electricity connection: Public utility

Water supply: Municipal water
Internet: Possibility of fiber-optic internet connection

Public parking is available both in front of the building and behind the neighboring building.

Purchase price:        on request*

Plus buyer’s commission 3% + IGIC

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