10-Unit Apartment
For Sale
$1,190,000
8100 ALAMEDA Avenue El, El Paso, TX 79915
Fully leased multifamily property with varied unit configurations, evaporative cooling, and refrigerator-equipped units.
Property Size1,710 SF
Lot Size0.99 Acres
Price / SF$105.04
Days on Market253
Property Features for 8100 ALAMEDA Avenue El
General Information
Standard status
Active
Size
1,710 SF
Lot size
0.99 Acres
Property subtype
Duplex
Zoning
R-4
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
4 x 3BR/2BA, 5 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
10
Amenities
2+ Units
Evaporative Cooling
Refrigerator
Shingle
Building Details
Building Size
1,710 SF
Year Built
1978
Listing Agency:
KW Commercial El Paso
Listed By:
Jorge Orrantia · License #0707055
(915) 803-9221
Source:
Kw
Added: Jan 28
Changed: Oct 7
Last Checked: Oct 7 at 9:02AM
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 KW Commercial El Paso
Investment Insights
Based on property information with market context.
This 10-unit apartment property was built in 1978 and contains approximately 11,329 SF across four three-bedroom, two-bath units, five two-bedroom, two-bath units, and one one-bedroom, one-bath unit. The improvements include evaporative cooling, refrigerators, and shingle roofing. The property is fully leased and occupies a 43,060 SF, approximately 0.99-acre lot with R-4 zoning.
The property spans addresses on Alameda Ave and Bowen Rd, positioned at the Alameda Ave and Bowen Rd corner, one block north of Alameda and Yarbrough. Access to I-10 and Loop 375 is noted, with schools, retail, restaurants, and major commercial corridors nearby.
The property spans addresses on Alameda Ave and Bowen Rd, positioned at the Alameda Ave and Bowen Rd corner, one block north of Alameda and Yarbrough. Access to I-10 and Loop 375 is noted, with schools, retail, restaurants, and major commercial corridors nearby.
Key Highlights
- 10‑unit multifamily property totaling approximately 11,329 SF
- Unit mix includes 4 three‑bedroom/two‑bath, 5 two‑bedroom/two‑bath, and 1 one‑bedroom/one‑bath unit
- 43,060 SF (±0.99 acre) R‑4 zoned lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,474
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,889,480
$1.9M
Cap Rate 7%
$1,349,629
$1.3M
Cap Rate 9%
$1,049,711
$1.0M
Market Conditions
NOI Build-Up for 11,329 SF
Gross rent
$180.8K $15.96/SF
− Vacancy
−$9.0K −$0.80/SF
EGI
$171.8K $15.16/SF
− OpEx
−$77.3K −$6.82/SF
NOI
$94.5K $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%
$1,889,480
Cap Rate 7%
$1,349,629
Cap Rate 9%
$1,049,711
Alternative Uses
Best Use
Apartment 5plus
$1.35M
$1.18M – $1.57M
NOI $94,474 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $198,953 @ 7.0% cap · market cap 16.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
10
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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?
Apartment building - Fully leased multifamily property with varied unit configurations, evaporative cooling, and refrigerator-equipped units.
Where is this apartment building located?
The property is located at 8100 ALAMEDA Avenue El El Paso, TX.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: 10‑unit multifamily property totaling approximately 11,329 SF; Unit mix includes 4 three‑bedroom/two‑bath, 5 two‑bedroom/two‑bath, and 1 one‑bedroom/one‑bath unit; 43,060 SF (±0.99 acre) R‑4 zoned lot
