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2435 McKinley Avenue, El Pa...

Updated Dec 18, 2023

The Multifamily Group Acquires El Paso Multifamily At 2435 McKinley Ave & 1601 McRae Blvd
SOLDMultiFamily

The Multifamily Group Acquires El Paso Multifamily At 2435 McKinley Ave & 1601 McRae Blvd

2435 McKinley Avenue, El Paso, TX 79930, USA

Building Size

—

Asset Type

MultiFamily

Closing

Nov 22, 2021

About this deal

AI

2435 McKinley Ave & 1601 McRae Blvd in El Paso was recently sold as a multifamily property. The sale was facilitated by Chris Siemasko, Bryce Smith, and Jon Krebbs of The Multifamily Group (TMG). The transaction took place on November 22, 2021.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Market: El Paso
  • Brokers: Chris Siemasko, Bryce Smith, and Jon Krebbs - The Multifamily Group (TMG)

No additional details are available about the transaction or the property.

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Players

Bryceson Smith

The Multifamily Group

Broker

13 deals

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El Paso MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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