709 S Virginia Street, El Paso, TX 79901
MULTI_FAMILY - El Paso, TX
Property Features for 709 S Virginia Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The building is connected to public sewer. Interior details include ceramic tile flooring and a range hood appliance. Cooling is listed as “multi units,” supporting multiple unit configurations within the building.
This A3-zoned multifamily asset is located at 709 S Virginia Street in El Paso, TX 79901.
Key Highlights
- Recently renovated five‑unit apartment building
- Fully occupied property
- A3 zoning
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.6k | $15.96 |
| − Vacancy | −$2.0k | −$0.80 |
| EGI | $38.6k | $15.16 |
| − OpEx | −$17.4k | −$6.82 |
| NOI | $21.2k | $8.34 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 79901, TX
Market
Vacancy Rate% for Multifamily in South region