Quadplex
For Sale
$325,000
6315 Escondido Drive Unit I, El Paso, TX 79912
This quadplex was completed in 2022 and is located in West El Paso.
Property Size1,555 SF
Days on Market9
Property Features for 6315 Escondido Drive Unit I
General Information
Standard status
Active
Size
1,555 SF
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$5,750
Building Details
Building Size
1,555 SF
Year Built
2022
Listing Agency:
Keller Williams Realty
(915) 892-1694
Listed By:
Luis Manuel Portugal
Source:
Cornerstonerealtyep
Added: Jul 30
Changed: Aug 3
Last Checked: Aug 6 at 4:44AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Located at 6315 Escondido Drive Unit I in El Paso, Texas, this quadplex was built in 2022. The property is positioned in West El Paso, providing a residential income asset within the area.
Key Highlights
- Quadplex property in West El Paso
- Built in 2022
- 6315 Escondido Drive Unit I, El Paso, TX 79912
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,308
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$286,160
$286.2K
Cap Rate 7%
$204,400
$204.4K
Cap Rate 9%
$158,978
$159.0K
Market Conditions
NOI Build-Up for 1,555 SF
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.
Gross rent
$21.5K $13.80/SF
− Vacancy
−$1.0K −$0.66/SF
EGI
$20.4K $13.14/SF
− OpEx
−$6.1K −$3.94/SF
NOI
$14.3K $9.20/SF
Area
ZIP 79912
Vacancy
4.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$286,160
Cap Rate 7%
$204,400
Cap Rate 9%
$158,978
Alternative Uses
Best Use
Multifamily LT 5
$204.4K
$178.9K – $238.5K
NOI $14,308 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$188.0K
$164.5K – $219.4K
NOI $13,162 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$329.0K
$287.9K – $383.8K
NOI $23,029 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
Demographics for 79912, TX
78,652
Population
33,856
Households
2.3
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
23.7 sq mi
ZIP Area
3,319
Density / Sq Mi
$72,290
Median Household Income
$39,330
Median Earnings
$1,191
Median Rent
$248,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - This quadplex was completed in 2022 and is located in West El Paso.
Where is this quadplex located?
The property is located at 6315 Escondido Drive Unit I El Paso, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Quadplex property in West El Paso; Built in 2022; 6315 Escondido Drive Unit I, El Paso, TX 79912
