Four Detached Unit Income
151 North Pendell Road Unit A B C D El Paso, TX 79905
For Sale
$430,000
Four one-story detached buildings provide four separate residential units near Texas Tech and close to I-10.
Property Size3,274 SF
Price / SF$131.34
Days on Market148
Property Features for 151 North Pendell Road Unit A B C D
General Information
- Standard status
- Active
- Size
- 3,274 SF
- Property subtype
- Multi-Family / Quadruplex
Building Details
- Year Built
- 1949
Listing Agency:
Home Pros Real Estate Group
(915) 226-9868
Listed By:
Varonica Christina Alexander · License #0747574
Source:
Compass
Added: Feb 26
Changed: Jul 22
Last Checked: Jul 23 at 11:05AM
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 Home Pros Real Estate Group
Investment Insights
Based on property information with market context.
This residential income property includes four stand-alone, one-story detached buildings, designed as separate units. The buildings are listed as Building #1 (720 sf), Building #2 (1080 sf), Building #3 (720 sf), and Building #4 (754 sf).
The property is located near Texas Tech and close to I-10, offering convenient access to major routes.
An appointment is required to view the property; schedule through the listing agent via Showingtime.
The property is located near Texas Tech and close to I-10, offering convenient access to major routes.
An appointment is required to view the property; schedule through the listing agent via Showingtime.
Key Highlights
- 4 stand‑alone, one‑story detached residential buildings on one multi‑family property
- Building sizes: #1 720 SF, #2 1,080 SF, #3 720 SF, and #4 754 SF
- Tile flooring and carpet in all bedrooms
Financial Insights For Multifamily LT 5
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 | $44.4k | $13.56 |
| − Vacancy | −$2.1k | −$0.64 |
| EGI | $42.3k | $12.92 |
| − OpEx | −$12.7k | −$3.87 |
| NOI | $29.6k | $9.04 |
3,274 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$422.9K
$370.0K – $493.4K
NOI $29,601 @ 7.0% cap · market cap 6.88%
Second Best
Apartment 5plus
$390.0K
$341.3K – $455.0K
NOI $27,302 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$821.4K
$718.7K – $958.3K
NOI $57,496 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
LaraLove360 Video Booth
Photography Service
FAQs
What type of property is this?
Quadplex - Four one-story detached buildings provide four separate residential units near Texas Tech and close to I-10.
Where is this quadplex located?
The property is located at 151 North Pendell Road Unit A B C D El Paso, TX.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 4 stand‑alone, one‑story detached residential buildings on one multi‑family property; Building sizes: #1 720 SF, #2 1,080 SF, #3 720 SF, and #4 754 SF; Tile flooring and carpet in all bedrooms
