Three-Property, 361 Unit, Multifamily Portfolio in El Paso, TX

Available as a Portfolio or Individual Sale

PORTFOLIO OVERVIEW

Berkadia is pleased to present the exclusive marketing of the El Paso THREE, a three-property, 361-unit multifamily portfolio opportunity. The offering includes Autumn Manor, Seville West, and The Meadows apartment communities.

Located in El Paso, Texas, this portfolio is located in diverse locatoins in the economically strong stable market of El Paso.

All three properties enjoy excellent proximity to major transportation corridors. Autumn Manor is located adjacent to and has direct-access to the Woodrow Bean Transmountain (Loop 375), and both Seville West and The Meadows are located within two miles of Interstate 10.

 

PORTFOLIO HIGHLIGHTS

  • The three properties are in diverse locations throughout El Paso.
  • The properties are all convenient to transportation corridors.
  • Autumn Manor is close to the Woodrow Bean Transmountain Drive (Loop 375) and the new William Beaumont Army Medical Center, nearing completion.
  • Seville West is located in the foothills of the Franklin Mountains in the desirable west-side of El Paso.
  • The Meadows is located within one-half mile of Interstate 10, close to a high number of jobs in both the retail and manufacturing-warehouse employment sectors.
  • Attractive basis well-below replacement cost.
  • Options to purchase the properties as a portfolio or individually.

"ALL CASH" OFFERING, ALLOWING FOR UNRESTRICTED

FINANCING OPTIONS

opportunity to purchase diverse el paso portfolio

The El Paso THREE offers a stabilized, 361-unit portfolio consisting of three properties in El Paso, Texas. Two of the properties, Seville West and The Meadows are still owned by the original developer and have never been offered for sale. All three properties are well-maintained, however, these two properties have been exceptionally well-maintained due to ownership managing the properties for a long-term hold.

 

STRONG MARKET

A strong diversified market, El Paso is driven by international trade, recognized as one of the largest international trade hubs in the Western Hemisphere; the military, being home to one of the largest Army bases in America; and government related services, including the DEA, El Paso Intelligence Center, Joint Task Force North, and the U.S. Border Patrol. The combination of private and public sectors have also made El Paso fairly recession resistant, having barely felt the pain of the 2008 recession.

PORTFOLIO OPPORTUNITY

Investment Advisors

WINSTON BLACK

Director

915.544.2400

Winston.Black@berkadia.com

Art wadlund

Senior Managing Director

520.299.7200

Art.Wadlund@berkadia.com

 

CLINT WADLUND

Director

520.615.1100

Clint.Wadlund@berkadia.com

 

EL PASO OFFICE

Centre Building

123 West Mills Road, Suite 520

El Paso, TX 79901

Phone: 915.544.2400

Berkadia.com

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
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