404 & 406 FRENCH Place, Unit 1
Property Description
Outstanding investment opportunity in the desirable Lower Valley of El Paso! This well-maintained 8-unit multifamily property is 100% occupied with long-term tenants, providing immediate and consistent cash flow from day one. The property's strong occupancy history reflects stable rental demand and dependable income potential, making it an excellent addition to any investment portfolio. Whether you're a seasoned investor looking to expand your holdings or entering the multifamily market, this property offers a rare combination of stability, proven performance, and long-term upside. Conveniently located near schools, shopping, restaurants, parks, and major thoroughfares, the property enjoys a prime location that continues to attract and retain tenants.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $389,000 |
| No. of Units: | 8 |
| Year Built: | 1951 |
| Lot Size: | 2,193.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $48,625 |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-GEPARTX-947244
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