5-Unit Apartment
For Sale
$469,500
3212 Rosa Ave, El Paso, TX 79905
Five apartment units offer remodeled and newly constructed interiors with individual heating and cooling systems.
Property Size3,570 SF
Price / SF$131.51
Days on Market89
Property Features for 3212 Rosa Ave
General Information
Standard status
Active
Size
3,570 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$5,889
Amenities
dedicated parking
mini-split HVAC
washer/dryer connections
Listing Agency:
The Real Estate Power Houses
Listed By:
Liliana Quevedo Sutcliffe
(915) 355-3586
Source:
Exprealty
Added: Jul 20
Changed: Oct 5
Last Checked: Oct 16 at 10:46AM
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 Real Estate Power Houses
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Investment Insights
Based on property information with market context.
This 5-unit apartment property includes two remodeled units and three units described as new construction. Each apartment has an individual mini-split system providing refrigerated air and heating, along with washer and dryer connections. Modern interior finishes and dedicated resident parking are also included.
The property is located at 3212 Rosa Ave in El Paso, with access to I-10 and other major thoroughfares. Shopping, schools, restaurants, and additional amenities are located nearby. All five units are described as rent-ready, supporting immediate occupancy without stated upfront improvements.
The property is located at 3212 Rosa Ave in El Paso, with access to I-10 and other major thoroughfares. Shopping, schools, restaurants, and additional amenities are located nearby. All five units are described as rent-ready, supporting immediate occupancy without stated upfront improvements.
Key Highlights
- 5‑unit apartment property at 3212 Rosa Ave, El Paso, TX
- Two units remodeled; three additional units are new construction
- Each unit includes a mini‑split system with refrigerated air and heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,771
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,420
$595.4K
Cap Rate 7%
$425,300
$425.3K
Cap Rate 9%
$330,789
$330.8K
Market Conditions
NOI Build-Up for 3,570 SF
Gross rent
$57.0K $15.96/SF
− Vacancy
−$2.8K −$0.80/SF
EGI
$54.1K $15.16/SF
− OpEx
−$24.4K −$6.82/SF
NOI
$29.8K $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%
$595,420
Cap Rate 7%
$425,300
Cap Rate 9%
$330,789
Alternative Uses
Best Use
Apartment 5plus
$425.3K
$372.1K – $496.2K
NOI $29,771 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$895.6K
$783.7K – $1.04M
NOI $62,694 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,807
Businesses Nearby
Explore this area
Business Placement
Demographics for 79905, TX
22,483
Population
9,168
Households
2.5
Avg Household Size
39
Median Age
10%
College-Educated
58%
High-School Grad
6.6 sq mi
ZIP Area
3,407
Density / Sq Mi
$25,496
Median Household Income
$21,636
Median Earnings
$646
Median Rent
$103,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Five apartment units offer remodeled and newly constructed interiors with individual heating and cooling systems.
Where is this apartment building located?
The property is located at 3212 Rosa Ave El Paso, TX.
What is the asking price?
The asking price for this property is $469,500.
What are key features of this property?
This property features: 5‑unit apartment property at 3212 Rosa Ave, El Paso, TX; Two units remodeled; three additional units are new construction; Each unit includes a mini‑split system with refrigerated air and heating
