EL PASO SUB TO 4 PERCENT ENTRY FEE 2022 BUILD 8 Plex WITH TENANTS

El Paso County, El Paso, TX, 79904
Sold
Listed at: February 12th, 2024
Price
$40,000
Sq. Footage
8620
Type
Multifamily
Parking
Assigned
Year build
2022
Lot size
0.36 acres
Bedrooms
16
Bathrooms
16
Half Bathrooms
0
Summary

🏠💰$1,155,008 balance remaining

 

 

🏠💰40k entry fee (only 4% of the appraised value!!!!!)

 

🏠💰7% rate

 

🏠💰 8,268.54 Principal + interest

 

 

🏠💰5 year balloon

 

🏠💰5k non refundable EMD

 

🏠💰$408/mo insurance, $4k taxes annually

 

🏠💰2bd/2ba (all 8 units)

 

🏠💰$1280/mo (3 units)

 

🏠💰$1380/mo (1 unit)

 

***6-12 MONTH LEASES

 

***THIS PROPERTY IS CROSS COLLATERIZED WITH ANOTHER 4PLEX ON THE SAME STREET (CASH DEAL) BOTH PROPERTIES WILL NEED TO BE SOLD AS A PACKAGE OR AT THE SAME TIME. REACH OUT FOR MORE INFO.

 

(Only 4 units out of the 8 are rented. All the other ones are vacant)

 

Done Deal Homebuyers is direct to seller on this transaction, please do not attempt to contact seller or view property without first scheduling an appointment with us.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Eric Valdez

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Disposition manager