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8756 ALAMEDA AVE
EL PASO, TX 79907-6202
Asking Price
$650K
Asset Type
Storefront Retail
Class
Class B
What's Special
Investment Opportunity – Three-Property Portfolio on Alameda Ave <ul><li>Three Tenants Total. 1. Laundry Repair Pays $1,200.00/Month. 2. Mechanic Shop Pays $1,900.00/Month. 3. Landlord Occupies Two Spaces For $2,800/Month.</li><li>Owner Has a Cabinet Shop & Granite Shop; Owner Willing to Lease for One Year.</li><li>Total Yearly Gross Income $70,800.00. All Leases Are Gross Leases. Taxes Are $9,197 Yearly.</li><li>There are Three Properties, Sold Altogether.</li><li>Great Frontage on Alameda Ave. </li></ul>
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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856
