10-Unit Apartment
For Sale
$650,000
1126 E San Antonio Avenue, El Paso, TX 79901
Two buildings contain a mix of occupied and vacant apartments, with separate electric meters for every unit.
Property Size4,848 SF
Price / SF$134.08
Days on Market109
Property Features for 1126 E San Antonio Avenue
General Information
Standard status
Active
Size
4,848 SF
Property subtype
Multi Family Home
Zoning
R1
Occupancy
60%
Site & Location
Neighborhood
Texas and Myrtle Ave. Business District Association
Units
Unit Mix
10 x 1BR/1BA
Multifamily Units
10
Individually Metered Utilities
electricity
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$11,161
Amenities
hardwood and tile flooring
portable A/C units
Building Details
Building Size
4,848 SF
Year Built
1920
Buildings
2
Stories
2
Units
10
Listing Agency:
The Agency Real Estate and Propert Managent LLC
(915) 593-7218
Listed By:
Dayanna Flores
(915) 267-6846
Source:
Elpasorealestateco
Added: Jul 13
Changed: Oct 25
Last Checked: Oct 26 at 3:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency Real Estate and Propert Managent LLC
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Investment Insights
Based on property information with market context.
This 10-unit apartment property comprises two buildings: one with four apartments and another with six. Each residence has one bedroom and one bathroom, an individual electric meter, and portable air conditioning. Flooring includes hardwood and tile. The property was built in 1920 and contains 4,848 square feet.
Six apartments are leased to long-term tenants, while four are vacant. The property is being sold as-is and is zoned R1. It is located in El Paso near schools, retail, restaurants, and major roadways.
Six apartments are leased to long-term tenants, while four are vacant. The property is being sold as-is and is zoned R1. It is located in El Paso near schools, retail, restaurants, and major roadways.
Key Highlights
- 10 one‑bedroom, one‑bathroom apartments across two buildings
- Building configurations include 4 units and 6 units
- Each apartment has an individual electric meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,428
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,560
$808.6K
Cap Rate 7%
$577,543
$577.5K
Cap Rate 9%
$449,200
$449.2K
Market Conditions
NOI Build-Up for 4,848 SF
Gross rent
$77.4K $15.96/SF
− Vacancy
−$3.9K −$0.80/SF
EGI
$73.5K $15.16/SF
− OpEx
−$33.1K −$6.82/SF
NOI
$40.4K $8.34/SF
Area
El Paso, TX
Vacancy
5.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,560
Cap Rate 7%
$577,543
Cap Rate 9%
$449,200
Alternative Uses
Best Use
Apartment 5plus
$577.5K
$505.4K – $673.8K
NOI $40,428 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,138 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
10
Residential units
60%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,044
Businesses Nearby
Explore this area
Business Placement
Demographics for 79901, TX
10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings contain a mix of occupied and vacant apartments, with separate electric meters for every unit.
Where is this apartment building located?
The property is located at 1126 E San Antonio Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 10 one‑bedroom, one‑bathroom apartments across two buildings; Building configurations include 4 units and 6 units; Each apartment has an individual electric meter
