Frutas Apartments

For Sale

3119 Frutas Ave, El Paso, TX 79905

This El Paso property for sale is located at 3119 Frutas Ave. The current listed sale price for Frutas Apartments is $675,000. Frutas Apartments is situated on a lot that is 0.24 acre in size.

Contacts

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 9,620 SF
  • Units 16
  • Lot Size 0.24 Acre
  • Additional Rent Contact for pricing
  • Year Built 1920
  • Date Updated Aug 23, 2024
The Frutas Apartments are strategically located in Central El Paso only 0.25 miles from Interstate-10 giving it easy access to businesses, schools and universities across the city. The apartments are also less than 1.0 mile away from the nearest elementary and high schools as well as 4.0 miles from the University of Texas at El Paso (UTEP). The Central El Paso submarket has seen 6.0% YoY rent growth and has a current market occupancy of 94.0% for conventional units (ALN Data).The Go-Getters Multifamily team is pleased to present the exclusive listing of the Frutas Apartments in El Paso, TX. This 16 unit complex is comprised of 14 two-bedroom units, 1 three-bedroom unit and 1 efficiency unit across two buildings. Regular maintenance and upgrades have kept the property in shape including the upgraded parking lot, appliances and more. Additional investment in upgrading the classic units can lead to capitalizing on rental increases. This asset appeals to the investor looking to acquire at a good basis or expand upon an existing portfolio.

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Highlights

  • Opportunity to Upgrade Classic Units
  • Regularly Maintained CAPEX
  • 94.0% submarket occupancy
  • 6.0% submarket YoY rent growth

Getting around

  • 75/100

    Walk Score ®

  • 49/100

    Transit Score ®

  • 68/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City El Paso, TX
  • Neighborhood Chamizal
  • Zip Code 79905
  • Market El Paso

Points of Interest

  • City Hall

    1.92 miles

  • Courthouse

    1.95 miles

  • 1st Avenue

    1.99 miles

  • Missouri

    2.02 miles

  • San Jacinto

    2.05 miles

  • Montana

    2.05 miles

  • Arizona

    2.11 miles

  • Stanton

    2.14 miles

  • Cathedral

    2.16 miles

  • Yandell

    2.18 miles

  • Ram / Super Stop

    0.58 miles

  • Speedway

    1.57 miles

  • Speedway

    2.08 miles

  • Chevron

    2.15 miles

  • Alon

    2.46 miles

  • Circle K

    2.73 miles

  • Valero Corner Station

    2.78 miles

  • Costco Gasoline

    2.81 miles

  • Express

    3.08 miles

  • Pemex E05409

    3.17 miles

  • EPHS Parking lot

    1.99 miles

  • United Parking Systems

    2.24 miles

  • Schuster Avenue Lot 4 (SC4)

    2.61 miles

  • Academic Services Visitor Parking

    2.65 miles

  • University Lot 4 (UN4)

    2.66 miles

  • Schuster Avenue Lot 3 (SC3)

    2.66 miles

  • Miner Village Lot- MV

    2.68 miles

  • Kerbey Lot 1 (KE1)

    2.69 miles

  • Schuster Avenue Lot 2 (SC2)

    2.69 miles

  • Glory Road Transfer Center and Parking Garage

    2.72 miles

  • Del Norte Courts Motel

    0.80 miles

  • Americas Best Value Inn El Paso Medical Center Airport

    1.49 miles

  • pride center

    1.71 miles

  • Holiday Inn Express El Paso - Downtown

    1.95 miles

  • Hotel Indigo El Paso Downtown

    1.96 miles

  • De Soto Hotel

    1.96 miles

  • Gardner Hotel

    1.99 miles

  • Hotel Cortez

    2.04 miles

  • Plaza Hotel

    2.12 miles

  • DoubleTree by Hilton Hotel El Paso Downtown

    2.18 miles

  • Food City

    1.99 miles

  • Ross

    2.00 miles

  • dd's Discounts

    2.11 miles

  • Target

    2.62 miles

  • Kohl's

    2.73 miles

  • Bassett Place

    2.73 miles

  • Albertsons

    2.76 miles

  • Smart

    2.91 miles

  • Big Lots

    3.29 miles

  • Commissary

    3.33 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Greg Brownd

The Go-Getters Multifamily with KW Commercial