4709 Maxwell Av.
$785,000
Buy
Property Description
Rare opportunity to acquire a well‑positioned 9‑unit apartment building in the tight Northeast El Paso submarket known for proven rent growth and limited inventory. Located in the heart of Angel’s Triangle at 4709 Maxwell Ave, the property is surrounded by small multifamily assets experiencing rising rents and minimal new competition.This two‑story garden‑style complex features nine 2‑bedroom units, on‑site parking (4 striped spaces, 0.4 per unit), and a simple, efficient layout consistent with neighboring properties.The asset demonstrates strong leasing performance within a submarket where comparable properties report vacancy in the 15–17% range, underscoring its stability and rent‑growth potential. Nearby rent comps covering 46 units show consistent effective rent increases over the past 3–5 years with stable occupancy, highlighting durable workforce housing demand.
While the broader Fort Bliss/Biggs Field 1–3 star market runs near 7.5% vacancy and the overall El Paso 1–3 star segment averages around 6.4%, this property stands out with competitive occupancy levels and continued opportunity to push rents per square foot over time.
Bedrooms
18
Stories
2
Total Baths
9
Year Buit
-
SqFt
15,938
Address
4709 Maxwell Ave, El Paso, TX 79904, EE. UU.
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