309 E Mills Avenue

    El Paso, TX 79901
    • $1,100,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 818254
    UPDATED: 62 min ago
    $1,100,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 22,400
      SQFT
    • $49
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Offered by Home Pros Real Estate Group

    Description

    Downtown 4 story Hotel with 54 furnished rooms, rents are $450 month and 80% rented, Laundry area, Offices, 5,000' basement can be renovated and most rooms have 3/4 bathrooms, Secured code entry, office, share a bathroom. 5,000' basement space, etc. Building can be converted to condos, office building, restaurant, etc. Wellsfargo Bank across the street, Post office next block,shopping, bars, restaurants, This hotel is 80% rented and is ready for the Future downtown boom.Bills: Gas bill: $1,200, Electric: $1,600 and Water: $1,200 also $4,700 Insurance, annual taxes approx $19,466 annually. Great time to invest in a hotel downtown.

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    © 2019 Greater El Paso Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Data last updated: 2019-11-17T11:13:37.54.
    www.pcselpaso.com/homes/100600225

    309 E Mills Avenue El Paso, TX 79901

    • Price: $1,100,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 818254
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    22,400
    SQFT
    $49
    $/SQFT
    Neighborhood:
    Mills
    County:
    El Paso
    Area:
    El Paso
    Property Description
    Downtown 4 story Hotel with 54 furnished rooms, rents are $450 month and 80% rented, Laundry area, Offices, 5,000' basement can be renovated and most rooms have 3/4 bathrooms, Secured code entry, office, share a bathroom. 5,000' basement space, etc. Building can be converted to condos, office building, restaurant, etc. Wellsfargo Bank across the street, Post office next block,shopping, bars, restaurants, This hotel is 80% rented and is ready for the Future downtown boom.Bills: Gas bill: $1,200, Electric: $1,600 and Water: $1,200 also $4,700 Insurance, annual taxes approx $19,466 annually. Great time to invest in a hotel downtown.
    Exterior Features

    Construction Brick Lot Sqft 5233 Miscellaneous Exterior Dumpster Lease/Rented Parking None Property Access Paved Road To PropSee Remarks

    Interior Features

    Cooling Window Unit(S) Heating CentralNatural Gas Hvac Yes Suite Sqft 120 Total Area Sqft 22400.00

    Property Features

    Apx Yearly Taxes 19466.00 Best Use Bar/Tavern/LoungeHotel/MotelRestaurantRetailShopping CenterShowroom Empowerment Zone Yes Exemptions None Features Paving Finance Considered CashConventional Flood Zone No Handicap Access No Improved Yes Lease Terms Month To Month Licenses Historic Reg. Ldmk/OverlyNone Listing Type Exclusive Right To Sell Location Downtown Area Lot Yes Measured By Appraiser Cad Number Of Tenants 54.00 Property BuildingHistoric Reg. Ldmk/Overly Refrigerated Yes Tax Year 2019 Tenant Pays None Unimproved No Utilities All City Verification Projection Water City Water District El Paso Water Zoning C5

    Listing information © 2019 Greater El Paso Association of Realtors® MLS
    Listing provided courtesy of Home Pros Real Estate Group.



    © 2019 Greater El Paso Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Data last updated: 2019-11-17T11:13:37.54.
     
    Keller Williams Realty
    6006 N. Mesa, Suite 1100
    El Paso TX, 79912
    Offered by Home Pros Real Estate Group