Desert Commons East — Sale in El Paso, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: El Paso, TX 79938
- Year built: 2023
Photos
Description
Jones Lang LaSalle Americas, Inc. (JLL) has been exclusively retained to offer an exceptional investment opportunity in Desert Commons East , a newly constructed 225 unit luxury apartment community in El Paso, Texas. This premier property boasts market leading finishes and unparalleled amenities, setting a new standard for residential living in the market. Strategically located near major thoroughfares which include Loop 375, Montana Avenue, Interstate 10 and Zaragoza Road, Desert Commons East provides residents convenient access to all major economic drivers. Having just completed its lease-up, the Property offers an optimal entry opportunity for investors looking to capitalize on growth in one of Texas’s most rapidly expanding market. The property has recently completed its final lease-up phase, it presents an ideal entry point for investors seeking growth potential in one of Texas's fastest-expanding markets. Desert Commons East has already demonstrated its ability to command approximately 5% higher rents on new leases and renewals, indicating significant future income growth potential. With its winning combination of prime location, superior quality, and robust growth prospects, Desert Commons East represents a compelling investment opportunity for qualified buyers seeking fee simple interest in a top-tier multifamily asset.
Market Context
This multifamily in El Paso, TX is listed for sale. The building dates to 2023. Compare it against other multifamily listings for sale in El Paso, TX — view the full market.
Contact
- Steven Hahn Jr. · 2146924715 · steven.hahn@jll.com
- Art Barnes · 2143840072 · art.barnes@jll.com
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