3701 Fred Wilson Avenue, El Paso, TX 79904
Ten one-bedroom units with a central courtyard, on-site laundry, and off-street parking designed for manageable day-to-day operations.
- Added:
- Apr 4, 2026
- Days on Market:
- 73
- Last Refresh:
- Jun 14 at 1:59 am
Property Features for 3701 Fred Wilson Avenue
General Information
- Standard status
- Active
- Size
- 4,887 SF
- Lot size
- 0.28 Acres
- Property subtype
- General Commercial
Listing agent Cassandra Rosales (915) 204-2328
Listing office eXp Realty LLC (915) 204-2328
Listing date Apr 4, 2026
Source Xome
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HighLights
- 10‑unit multifamily property with ten 1‑bedroom units
- Approximately 4,887 SF brick building on a 0.28‑acre lot
- Brand‑new roof installed August 2023
- Central courtyard with a barbecue area
- On‑site laundry facility and off‑street parking at nearly two spaces per unit
- Evaporative cooling; 3 guest facilities listed
Overview
Located in Northeast El Paso’s Logan Heights, the property is described as being in immediate proximity to Fort Bliss and US-54. The lot size is approximately 0.28 acres, supporting the on-site common outdoor space and parking configuration.
Designed with operational practicality in mind, the property’s single-bedroom unit mix and on-site amenities can appeal to tenants seeking straightforward living arrangements. With 10 units under one ownership structure, it also presents an efficient option for buyers looking for a consolidated rental portfolio, supported by the recently replaced roofing and a courtyard setting that enhances day-to-day livability.
Local 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 | $78.0k | $15.96 |
| − Vacancy | −$3.9k | −$0.80 |
| EGI | $74.1k | $15.16 |
| − OpEx | −$33.3k | −$6.82 |
| NOI | $40.8k | $8.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.449272
- Latitude
- 31.826003