1231 Magoffin Ave., El Paso, TX 79901
1231 Magoffin Ave., El Paso, TX 79901
$790,000.00
1231 Magoffin Ave., El Paso, TX 79901
Property Details
Facts and features
- Property Type: 11 Apartment Units
- Year Built: N/A
- Heating: Other, Electric
Interior
- Bedrooms: 11 Units
- Year Built: N/A
- Bathrooms: 11
Other Facts
- Fireplace: No
- Appliances: Varies
- Google Maps
11-Unit Multifamily | Downtown El Paso | Cash Flow Opportunity | Seller Financing Available
Excellent value-add multifamily opportunity in the heart of Downtown El Paso! This 11-unit property offers strong rental potential in a rapidly developing area near government buildings, restaurants, and transit access.
Ideal for investors looking to expand their portfolio with seller finance terms that offer flexibility and potential for strong returns.
💰 Purchase Options:
- Sales Price: $790,000
- Cash Price: $750,000
- Seller Finance Available
- Down Payment: 20%
- Interest Rate: 11%
- Origination Fee: 5 Points
- Balloon Term: 3 Years
🏢 Property Details:
- Total Units: 11
- Zoning: Multifamily / Commercial Potential
- Location: Downtown El Paso – Excellent visibility & walkability
- Condition: Investment property with value-add upside
This is a rare chance to acquire a highly visible downtown asset with flexible terms. Whether you’re looking for long-term cash flow or repositioning upside, 1231 Magoffin Ave is a prime choice.
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