Out Of State, TX, 79901 - For Sale

Type:	Property
Address:	119 Stanton, Out Of State, TX, 79901
Bedrooms:	N/A
Bathrooms:	N/A
Year Built:	N/A
Sq. Footage:	N/A
Price/Sqft:	N/A
Property Tax:	new! $59,413
Price:	$3,499,000
Sale Type:	For Sale by Agent

Listing added: 2009-06-09

Additional features: School district: , , ,

Family Illness forces sale. 73,000 sq ft nine story historic building in beautifully renovated downtown El Paso TX. 88%% leased to the State of Texas Department of Family Protective Services. Six addition Tenants at ground level retail. Very vibrant downtown scene, and huge border influx during weekends. This is the second lowest per sq ft office space rented by the state. Must location near downtown court houses. On site superintendant makes this easy to manage from California. Assumable 5.75%% loan $1.85mil due in 2015 plus owc $650,000 2nd TD at 8%% makes for great below market financing and dramatically increase the return on this investment. Seller looking to liquidate for estate purposes.

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