1008 Magoffin Avenue
- Historic 1928 building
- 10,437 SF property
- 16 multifamily units
- Prime El Paso location
Property Description
This property presents an exceptional value-add opportunity, offering the potential to renovate and enhance the units, ultimately increasing rental income. With the ability to revitalize and elevate the property, investors can capitalize on the burgeoning demand for upgraded and modernized multifamily units in the El Paso area. This prospect provides a promising pathway to elevate the property's value and maximize returns through strategic rehabilitation and rent adjustments.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $799,000 |
| No. of Units: | 16 |
| Year Built: | 1928 |
| Lot Size: | 0.18 Acres |
| Opportunity Zone: | No |
| Price per unit: | $49,938 |
| Property Website | Click Here |
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