Quadplex
6315 Escondido Drive Unit I, El Paso, TX 79912
For Sale
$314,000
This quadplex was completed in 2022 and is located in West El Paso.
Property Size1,555 SF
Days on Market104
Property Features for 6315 Escondido Drive Unit I
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Realty
Listed By:
Luis Manuel Portugal · License TX #0645050
(915) 892-1694
Source:
Cornerstonerealtyep
Added: Jul 30
Changed: Nov 8
Last Checked: Nov 10 at 3:03PM
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
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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 / Yr
$14,308
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
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
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 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 4.56%
Second Best
Apartment 5plus
$188.0K
$164.5K – $219.4K
NOI $13,162 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$329.0K
$287.9K – $383.8K
NOI $23,029 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
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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
$248,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in El Paso, TX
Properties on Market for Quadplexes in El Paso
Vacancy Rate% for Multifamily in South region
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 $314,000.
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
