Texas Investment Property for Sale: 9 Unit Multifamily Investment located in Downtown El Paso
The real estate market in Texas is booming, and for good reason. With a growing economy, low cost of living and a strong job market, Texas has become an attractive destination for investors looking to diversify their portfolio. If you’re looking for an investment opportunity that offers solid returns, then you should consider this 9 Unit Multifamily Investment located in Downtown El Paso.
This property is a great cash flowing investment with solid tenants. Several of the units have updated kitchens and bathrooms, making them attractive to renters. The units have also been converted to refrigerated window units, which is a big plus for tenants during the hot summer months in Texas. The property is well-maintained and tenants pay for their own gas and electric, which means less overhead for the owner.
One of the best features of this investment property is its location. Downtown El Paso is a vibrant and growing area that has a lot to offer residents. There are plenty of restaurants, shops, and entertainment options within walking distance of the property. It’s also close to public transportation, which is a big plus for renters who don’t have their own car.
The property is professionally managed, which means that the owner doesn’t have to worry about day-to-day operations. The management company takes care of everything from rent collection to maintenance and repairs. This frees up the owner’s time to focus on other investments or to simply enjoy their passive income.
Overall, this investment property is a great opportunity for investors looking to get into the Texas real estate market. With solid tenants, updated units, and a great location, it’s a property that is sure to provide a steady stream of income for years to come. If you’re interested in learning more about this property, contact a real estate agent today to schedule a viewing.
817 Myrtle Avenue, El Paso, TX 79901