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Central Commercial Investment Property
2331 Magoffin, El Paso, TX 79901
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$775,000 $699,000
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Central commercial investment property on Magoffin with easy access to 1-10, Loop 375 and the El Paso/Juarez border. This property consists of two storefronts (church and jean shop), 3 Apartments, and a newly updated warehouse/shop with an office. Perfect for an owner/user or investor!
Property Highlights
· Church: 800 sf - $680/Mo.
· Jean Co : 1,400 sf - $1,700/Mo.
· Shop/Warehouse: 3,340 sf - $2,000/Mo.
· 3 Apartments: 2 Bed, 1 Bath - $3,260/Mo.
· NOI: $76,660
· CAP Rate: 10.97%
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