5-Unit Mobile Home
For Sale
$395,000
660 Mauer Road, El Paso, TX 79915
The property combines two houses with three mobile homes, each configured with two bedrooms and one bathroom.
Property Size1,600 SF
Price / SF$246.88
Days on Market169
Property Features for 660 Mauer Road
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Lomaland Neighborhood Association
Units
Unit Mix
1 x 3BR/1BA house, 1 x 2BR/1BA house, 3 x 2BR/1BA mobile home
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$6,243
Building Details
Building Size
1,600 SF
Year Built
1967
Listing Agency:
Cardon Real Estate
Listed By:
Fernie Jaquez
(915) 740-8847
Source:
Center-realestate
Added: May 15
Changed: Oct 26
Last Checked: Oct 26 at 2:26PM
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 Cardon Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This five-dwelling property includes two houses and three mobile homes. One house has three bedrooms and one bathroom; the other has two bedrooms and one bathroom. Each mobile home contains two bedrooms and one bathroom. The property was built in 1967.
Bel Air High School is six blocks away. A storage shed on the property is excluded from the sale.
Bel Air High School is six blocks away. A storage shed on the property is excluded from the sale.
Key Highlights
- Five dwellings: two houses and three mobile homes
- One house has 3 bedrooms and 1 bathroom; the other has 2 bedrooms and 1 bathroom
- Each of the three mobile homes has 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,343
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,860
$266.9K
Cap Rate 7%
$190,614
$190.6K
Cap Rate 9%
$148,256
$148.3K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$25.5K $15.96/SF
− Vacancy
−$1.3K −$0.80/SF
EGI
$24.3K $15.16/SF
− OpEx
−$10.9K −$6.82/SF
NOI
$13.3K $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%
$266,860
Cap Rate 7%
$190,614
Cap Rate 9%
$148,256
Alternative Uses
Best Use
Apartment 5plus
$190.6K
$166.8K – $222.4K
NOI $13,343 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$401.4K
$351.2K – $468.3K
NOI $28,098 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
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Business Placement
Demographics for 79915, TX
35,234
Population
14,139
Households
2.5
Avg Household Size
41
Median Age
13%
College-Educated
68%
High-School Grad
8.9 sq mi
ZIP Area
3,959
Density / Sq Mi
$35,938
Median Household Income
$25,400
Median Earnings
$808
Median Rent
$117,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - The property combines two houses with three mobile homes, each configured with two bedrooms and one bathroom.
Where is this mobile home & rv park located?
The property is located at 660 Mauer Road El Paso, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Five dwellings: two houses and three mobile homes; One house has 3 bedrooms and 1 bathroom; the other has 2 bedrooms and 1 bathroom; Each of the three mobile homes has 2 bedrooms and 1 bathroom
