159 Unit Multifamily Property Located in El Paso, TX

 

PROPERTY OVERVIEW

Berkadia is pleased to present the exclusive marketing of Autumn Manor. This is a well-maintained, 159-unit property is located in northeast El Paso. The property has direct-access to, and is adjacent from, the major transportation corridor Woodrow Bean Transmountain Drive (Loop 375).

Autumn Manor enjoys the benefit of being located in the economically strong and stable northeast submarket of El Paso.

 

PROPERTY HIGHLIGHTS

  • Located in northeast El Paso, close to the Woodrow Bean Transmountain Drive (Loop 375) and the new William Beaumont Army Medical Center, nearing completion.
  • The property is conveniently located near major transportation corridors.
  • Attractive basis well-below replacement cost.

"ALL CASH" OFFERING, ALLOWING FOR UNRESTRICTED

FINANCING OPTIONS

opportunity to purchase

Autumn Manor is well-maintained and offers a buyer the opportunity to purchase well-below replacement cost, with value-add potential. The property is conveniently located in northeast El Paso near major transportation corridors, offering a buyer the opportunity to place new debt.

 

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.

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.
©2019 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. For state licensing details for the above entities, visit: www.berkadia.com/legal/licensing.aspx