Listing Agency: ERA Sellers & Buyers Real Estate

Listed By: Albert Lugo · License #TX 583648

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:10AM

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Investment Insights

Based on property information with market context.

This multifamily property at 916 E 7th Ave is occupied by tenants who have maintained rentals at the property for many years. The asset is situated in downtown Segundo, providing a defined urban setting for a residential income property.

Key Highlights

• Tenant occupancy supported by many years of rental history
• Located at 916 E 7th Ave, El Paso, TX 79901
• Situated in downtown Segundo

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Locksmith Daycare Center Acupuncture Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,785

Businesses Nearby

Explore this area Business Placement

Demographics for 79901, TX

10,027

Population

4,571

Households

2.2

Avg Household Size

40

Median Age

7%

College-Educated

46%

High-School Grad

2.2 sq mi

ZIP Area

4,558

Density / Sq Mi

$13,984

Median Household Income

$19,026

Median Earnings

$517

Median Rent

$93,100

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Existing tenants provide an established rental history at this multifamily asset.

Where is this multifamily property located?

The property is located at 916 E 7th Ave El Paso, TX.

What are key features of this property?

This property features: Tenant occupancy supported by many years of rental history; Located at 916 E 7th Ave, El Paso, TX 79901; Situated in downtown Segundo