facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Multifamily

/

Sale

/

4649 Loma Del Sur Drive

Hamilton Point Investments Sells Forty649 North Hills Multifamily In El Paso For 342 Units
SOLDMultiFamily

Hamilton Point Investments Sells Forty649 North Hills Multifamily In El Paso For 342 Units

4649 Loma Del Sur Drive

Building Size

Asset Type

MultiFamily

Closing

Apr 1, 2026

AI

Forty649 North Hills is a multifamily asset located at 4649 Loma Del Sur Drive in El Paso, featuring a total of 342 units spread across 17.7 acres. The property, built in 2009, includes one- to three-bedroom units averaging 897 square feet and a variety of amenities such as a pool, fitness center, clubhouse, and dog park.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not disclosed
  • Address: 4649 Loma Del Sur Drive
  • Market: El Paso
  • Units: 342
  • Acres: 17.7
  • Seller: Hamilton Point Investments
  • Broker Representatives: Steven Hahn Jr, Art Barnes, and William Jennings - JLL

The transaction involved JLL representing Hamilton Point Investments in the sale of the property. The identities of the buyer and the transaction price have not been disclosed.

Players

Steven Hahn Jr

JLL

Broker

3 deals

Broker
Hamilton Point Investments LLC
Hamilton Point Investments LLCSeller

El Paso MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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