MULTIFAMILYRADAR
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Value-add
$875,000

12-Unit Multifamily in El Paso, TX

TX · listed Oct 11, 2026 (17 days)

Price per unit compared
This property$73K
Within ~40 mi (25)$86K
Texas median (1,029)$100K
$/unit
$72,917
▼ 27% vs TX · 26th pct
Cap rate
7.5%
▲ 0.2 pts vs TX median
Gross yield
—
 
Units
12
 

Financials

Asking price
$875,000
Price per unit
$72,917
Price per sq ft
Not stated
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
7.5%
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
12
Unit mix
10 (1 Bed / 1 Bath) + 2 (2 Bed / 1 Bath)
Buildings
Not stated
Year built
Not stated
Building size
Not stated
Avg unit size
Not stated
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Oct 11, 2026
Days on market
17 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
City only
Listing #
1235

About this property

🏢 12-UNIT APARTMENT COMPLEX — CENTRAL EL PASO 🏢 📍 (address on request) 💰 Asking: $875,000 — only $72,917 per unit 12-unit courtyard complex right behind El Paso High School, minutes from downtown and UTEP. Strong rental corridor, stable cash flow, and real upside. THE NUMBERS • 12 units — 10 (1 Bed / 1 Bath) + 2 (2 Bed / 1 Bath) • ±7,692 SF, built 1965 • Estimated ARV: $1,600,000 • Estimated cap rate: 7.5% | GRM: 9.2 WHY THIS ONE WORKS ✅ Solid brick & stone construction ✅ Roof replaced in 2023 ✅ Below-market rents = built-in value-add, room to raise NOI ✅ Separate light & gas meters for every unit ✅ On-site laundry room = extra income ✅ Fully fenced corner lot, no side neighbors ✅ Rear paved parking + detached storage Perfect buy-and-hold for a landlord looking for cash flow with upside in a prime central location. Serious investors only. DM me "VRAIN" for the full breakdown, or call/text.

Location

Somewhere in El Paso. The exact address is shared on request.

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