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Updated over 7 years ago on . Most recent reply

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Nick B.
  • Investor
  • North Richland Hills, TX
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Investing in El Paso, TX

Nick B.
  • Investor
  • North Richland Hills, TX
Posted

Hello BP,

Do we have any apartment investors (100+ units) from El  Paso, TX?

I have an opportunity to invest in an El Paso deal and I wonder if there are any special risks I should consider. The sponsor is good but he is not local - that's one specific risk I know of.

What are the cap rates there for C class properties? 

What areas are considered high quality  (within C space) by locals and what areas they avoid? 

Thanks

Nick

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