1001 S Florence Street, El Paso, TX 79901

Property Description

Prime downtown El Paso location! This two-story, 10-unit apartment complex offers an excellent opportunity for investors looking to add value and build long-term income potential. The property features 8 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. The complex maintains approximately 90% occupancy at all times, demonstrating consistent rental demand. The property is priced to sell and offers significant upside for an investor willing to complete improvements. Exterior repairs and updates are needed, along with work within individual units. The owner currently pays water and trash, while tenants are responsible for gas and electricity. Located directly across from Aoy Elementary School and Armijo Park & Aquatic Center, with convenient access to downtown El Paso amenities, transportation, shopping, and services. Cash purchase only. Bring your vision and unlock the potential of this well-located investment property! Call for more information and viewing opportunities.