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Off market
  • Tax assessed value
    $30,187

    8740 Gateway Blvd E, El Paso, TX 79907

    --beds
    0baths
    50,800sqft
    MultiFamily
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $1/sqft
    $1,335 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,335/mo

    Zestimate® history
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    $182/mo

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    What's special

    This complex has a total of 96 units consisting of three properties: 8740 Gateway North (48 Units), 4425 Sunrise (38 Units), and 4421 Sunrise (10 units), with a leasing office and laundry room that makes extra income. 34 two-bedroom and 62 one-bedroom. It is located in Northeast El Paso, right off the Gateway at Sunrise Avenue. This property currently has a gross income of $34,115.00 monthly. You can find the current rent roll and 2019 profit and loss in the attached documents or ask our agents for a copy. Owner pays for: water for tenants, electric only for the laundry room and leasing office, gas only for 4421 Sunrise, and exterior lighting for the streets. The P&L reflected in the attached documents is for all units combined and does not include property taxes. The laundry room makes an additional income of approx $4,800 a year. The current rent situation with these apartments shows a significant increase in occupancy, therefore a much better net income. Please call agents for more details.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 50,800 sqft

    Property

    Lot
    • Size: 3.66 Acres
    Details
    • Parcel number: D54299900100200
    • Zoning: A2

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1985

    Utilities & green energy

    • Sewer: See Remarks

    Community & HOA

    Location
    • Region: El Paso

    Financial & listing details

    • Price per square foot: $1/sqft
    • Tax assessed value: $30,187

    Price history

    DateEventPrice
    1/30/2020Listing removed$3,686,000$73/sqft
    Source: Team Juan Uribe #821800 Report a problem
    1/28/2020Price change$3,686,000+96.6%$73/sqft
    Source: Team Juan Uribe #821800 Report a problem
    1/27/2020Listed for sale$1,875,000+167.9%$37/sqft
    Source: Team Juan Uribe #821800 Report a problem
    8/15/2018Listing removed$699,900$14/sqft
    Source: Team Juan Uribe #721670 Report a problem
    3/19/2018Price change$699,900+10.9%$14/sqft
    Source: Team Juan Uribe #721670 Report a problem
    12/30/2017Listed for sale$631,184$12/sqft
    Source: Team Juan Uribe #721670 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $30,187
    2024$829 -5.6%$30,187
    2023$879 -6.3%$30,187
    2022$937 -5.8%$30,187
    2021$995 +1.4%$30,187
    2020$981 +2.9%$30,187
    2019$953 +0.6%$30,187
    2018$947 +0.9%$30,187
    2017$939 +1.7%$30,187
    2016$923 +6.8%$30,187
    2015$864 $30,187
    2014$864 $30,187
    Find assessor info on the county website

    Neighborhood: Lower Valley

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: H R Moye
    • Middle: Canyonh
    • High: Irvin
    • District: El Paso

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.