1551 Montana Ave | El Paso, TX 79902
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- LoopNet Team
1551 Montana Ave
El Paso, TX 79902
Office Property For Sale
Investment Highlights
- The gross income is $173,250.00. Minus the tax shortage of $10,000.00, since the NNN is calculated based on 2016 taxes
- If we divide the income by $1,650,000.00, your return in investments is 7.8%
- Video of Property: https://youtu.be/GdHOW-5VkYQ
- Minus expenses of $33,350.00. This gives you a net income of $129,900.00
- Excellent Corner Property with Parking and Strong Tenant.
PROPERTY FACTS
Property Type
Office
Building Size
10,000 SF
Building Class
B
Year Built
1961
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Building FAR
0.59
Lot Size
0.39 AC
Zoning
A2
Parking
24 Spaces (4 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | F607-999-0700-9200 | Improvements Assessment | $1,111,060 |
| Land Assessment | $115,940 | Total Assessment | $1,227,000 |
PROPERTY TAXES
Parcel Number
F607-999-0700-9200
Land Assessment
$115,940
Improvements Assessment
$1,111,060
Total Assessment
$1,227,000
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