Professional grm calculator optimized for multifamily properties in El Paso. Local market data shows 7.4% average cap rates and $235,000 median property values.
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The El Paso, TX multifamily real estate market offers unique investment opportunities. With a median home price of $235,000 and average cap rates of 7.4%,multifamily properties in this market present a strong yield profile.
Current market conditions show properties averaging 39 days on market, with year-over-year appreciation of 4.4%. Average cash-on-cash returns for multifamily investments in El Paso are approximately 12.1%.