Land•Multi-Family•For Sale

Unique Development Site in El Paso

701 Prospect Street, El Paso, Texas 79902

Sale Price $195,000 ($22.87 /SqFt)
Sale Type Investment
Land Area 8,525 SqFt
Land Use 2 story 10 unit Multi-Family project
Market El Paso
Very unique, in-fill site for sale in the Historic Sunset Heights neighborhood. Great site for construction of high-end apartments or a luxury home. Over 14,000 SF of land provide many options for development. Sale includes certificate of approval from Historic Landmark Commission for modern 10-unit apartment complex. This rock outcropping provides the ability to fill and construct using a typical slab construction, or because of density and strength of rock, a more unique post and beam construction type can be utilized to maintain exposed rock at street level. With building grade roughly 18 feet above street level, the views of downtown, UTEP, Mexico, and the mountains are an unparalleled opportunity. Fact: site has never been built on. Benefit: Historic regulations are minimal for these types of sites. Please contact listing agent for more information.
  • MLS# 751892
9/20/2018 12:00:00 AM 9/20/2018 2:01:29 PM
Memo Sotomayor
Sales Associate
Majestic Realtors

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