Mike Cozby - Coldwell Banker Legacy
3500 Fillmore Ave
El Paso, TX 79930

Description

Commercial 4 Unit Complex for Sale. Lot is 18,600 SQFT, Building Space : 5800 SQFT This property includes: 3500-3502 Fillmore El Nuevo Grocery Unit $1600 Actual Rent. 3504 Fillmore Bakery or similar $1000 Potential Rent. 3506 Fillmore GECU community Center $850 Actual Rent. 3508 Fillmore Laundromat $850 Potential Rent. Gross Income : $51,600.00 / YEAR. Expenses : Taxes $5700.00, Insurance $3000.00, Utilities: $4800.00, Maintenance $500.00, Less Vacancy Collection Loss $2580.00 @ 5%. Net Operating Income: $35,020.00 with an approximate Capitalization rate of : 9.7%. Seller is Motivated, bring your best offer.

Details

MLS#744988
Sub-TypeResale
StatusActive
Days On Site190

Features

Story(s)0
ZoningC2

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Area Information

StateTX
CountyEL PASO
CityEl Paso
Zip Code79930
AreaEL PASO
Listing VS Median (in 79930)
Price:
$325,000
low | high
Med:
$137,250
100% of Average
On Site:
190
low | high
Med:
38
100% of Average
Listing Updated: 10/21/2018
MLS Number: 744988
Listing Provided By:
Michael Ledesma  of  Summus Realty