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Downtown Housing Picking Up Steam
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During the past five years, El Paso’s CBD received 340 apartment units and nine high-end condos. As of now, most of the properties are already leased up, and with waiting lists. The enthusiastic response has community leaders hopeful that more developers will consider downtown El Paso as a viable place to build.
“We really are just establishing a market,” Joe Gudenrath with the El Paso Downtown Management District told the El Paso Times. He went on to say that, if 300 housing units could be added each year to the downtown area over the next decade, it would bring residents to the area. This, in turn, would keep restaurants and stores open later, making the area vibrant, he said.
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3801 E MORELAND DR
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Weatherford, TXTexas + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $5,160,000 No. of Units: 60 Average Occupancy: 98 Year Built: 1973 Building Size: 44700 Sq ft Lot Size: 4.05 Acres No. of Stories: 2 APN: R000047582 No. of Parking Spots: 100 Opportunity Zone: No Price per unit: $86,000
