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215 North Mesa Street

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Home/TX/El Paso

215 North Mesa Street

El Paso, TX 79901
Asking Price
Contact for price
Asset Type
Hotel Mixed-use
Class
Class B

What's Special

Adaptive Reuse Hotel Conversion Opportunity <ul><li>​<strong style="color: rgba(0, 0, 0, 1)">Landmark Historic Asset</strong><span style="color: rgba(0, 0, 0, 1)"> -- Upper Upscale / Luxury Hotel Conversion Opportunity</span></li><li>​<strong style="color: rgba(0, 0, 0, 1)">Historic Tax Credits Advantage (45%)</strong><span style="color: rgba(0, 0, 0, 1)"> -- Federal HTC (20%) + Texas State HTC (25%)</span></li><li>​<strong style="color: rgba(0, 0, 0, 1)">Part 1 and 2 Historic Tax Credit Application </strong><span style="color: rgba(0, 0,

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times

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