Multifamily Apartment
5515 Alabama Street El Paso, TX 79904
5515 Alabama Street, El Paso, TX, 79904
Contact for pricing
For Sale
Contact for pricing
For-sale portfolio of 23 apartment properties located throughout El Paso, Texas.
Days on Market73
Property Features for 5515 Alabama Street
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Jim Payne CRE
(915) 504-4565
Listed by
Jim Payne, CPA, CCIM · License #TX-390976
Source
Crexi
Added: May 12 Updated: Jul 22 at 5:33PM Checked: Jul 22 at 5:33PM
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 Jim Payne CRE
Investment Insights
Based on property information with market context.
For sale: a multifamily apartment portfolio comprising 23 properties located within the city of El Paso, Texas. The offering is presented at 5515 Alabama Street, El Paso, TX 79904.
The accompanying market summary highlights an El Paso MSA with 95.9% occupancy (Q4 2025) and +110 bps year-over-year effective rent growth (2025). The report also notes average effective rents of $1,120 per month and 2.2% projected annual rent growth through 2029, alongside a limited new supply pipeline with only 30 new units delivered in 2025.
The remarks cite major local demand drivers including Fort Bliss and ongoing healthcare and development activity in the region. These factors are described as supporting the area’s long-term rental demand and operating environment.
The accompanying market summary highlights an El Paso MSA with 95.9% occupancy (Q4 2025) and +110 bps year-over-year effective rent growth (2025). The report also notes average effective rents of $1,120 per month and 2.2% projected annual rent growth through 2029, alongside a limited new supply pipeline with only 30 new units delivered in 2025.
The remarks cite major local demand drivers including Fort Bliss and ongoing healthcare and development activity in the region. These factors are described as supporting the area’s long-term rental demand and operating environment.
Key Highlights
- For‑sale portfolio of 23 apartment properties located throughout El Paso, Texas.
- El Paso market shows 95.9% MSA occupancy (Q4 2025) and +110 bps above the U.S. average.
- 2025 effective rent growth of 3.8% YoY, with $1,120/mo average effective rent.
Property Analytics
Location Intelligence
Current Use by Public Records
Sundial Apartments
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - For-sale portfolio of 23 apartment properties located throughout El Paso, Texas.
Where is this apartment building located?
The property is located at 5515 Alabama Street El Paso, TX.
What is the asking price?
The asking price for this property is $32,700,000.
What are key features of this property?
This property features: For‑sale portfolio of 23 apartment properties located throughout El Paso, Texas.; El Paso market shows 95.9% MSA occupancy (Q4 2025) and +110 bps above the U.S. average.; 2025 effective rent growth of 3.8% YoY, with $1,120/mo average effective rent.
