✦ Rare 9‑unit apartment acquisition in tight Northeast El Paso with limited inventory.
✦ Strategically located in Angel’s Triangle at 4709 Maxwell Ave.
✦ Submarket has proven rent growth and minimal new construction.
✦ Two‑story, garden‑style building with nine 2‑bedroom units.
✦ Includes on‑site parking (4 striped spaces; 0.4 spaces per unit).
✦ Simple, efficient layout consistent with neighboring multifamily properties.
✦ Strong leasing performance in a submarket where comparable properties show 15–17% vacancy.
✦ Nearby rent comps (46 units) reflect steady effective rent increases over the last 3–5 years.
✦ Stable occupancy demonstrates durable demand for workforce housing.
While the broader Fort Bliss/Biggs Field 1–3 star market runs near 7.5% vacancy and the overall El Paso 1–3 star segment averages around 6.4%, this property stands out with competitive occupancy levels and continued opportunity to push rents per square foot over time