| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 44th | Fair |
| Demographics | 14th | Poor |
| Amenities | 29th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7101 Alameda Ave, El Paso, TX, 79915, US |
| Region / Metro | El Paso |
| Year of Construction | 1974 |
| Units | 40 |
| Transaction Date | 2026-02-06 |
| Transaction Price | $2,693,250 |
| Buyer | RAGGO INVESTMENTS LLC |
| Seller | SOUTHWEST EL PASO PROPERTIES LLC |
7101 Alameda Ave, El Paso TX Multifamily Investment
Neighborhood occupancy is high and renter demand is supported by steady household growth nearby, according to WDSuite’s CRE market data. For investors, this points to leasing stability with pricing set by a value-oriented tenant base.
The property sits in an Inner Suburb of El Paso with a C neighborhood rating and strong occupancy fundamentals. Neighborhood occupancy ranks 29 out of 189 metro neighborhoods, placing it in the top quartile nationally for stability. Restaurants are comparatively accessible for the metro, while daily-needs retail like grocery and pharmacy is less dense, so residents may rely on a broader trade area for errands.
Parks access is a relative strength, with this neighborhood competitive among El Paso areas for recreation space. Median home values are lower than national norms, which can create some competition with ownership; however, rent levels in the neighborhood remain accessible and can support retention and steady renewal performance for value-focused units.
Renter-occupied share in the neighborhood sits above much of the nation and is competitive among El Paso neighborhoods, indicating a meaningful tenant base for multifamily assets. Within a 3-mile radius, demographics show recent population stability and an increase in households alongside smaller average household sizes — dynamics that typically expand the renter pool and support occupancy in workforce housing.
Vintage matters: the asset was built in 1974, newer than the neighborhood’s average construction year. That positioning can be competitive versus older stock, while investors should still plan for systems updates and targeted renovations to meet current renter expectations.
Safety trends should be viewed in context. Compared with neighborhoods nationwide, this area scores in the higher national percentiles for safety, indicating relatively favorable comparisons at the national level. Within the El Paso metro, however, the neighborhood’s crime rank sits closer to the higher-crime cohort (35 out of 189), so underwriting should reflect localized risk management and property-level security practices.
Recent data also indicates a notable decline in violent incidents year over year, which is a constructive trend to monitor. Investors may wish to evaluate on-the-ground measures and surrounding street activity during site visits to validate stability at the block level.
Proximity to corporate employers supports a steady workforce renter base and commute convenience, notably from Freeport-McMoRan, Western Refining, and Charles Schwab offices.
- Freeport Mcmoran-El Paso — corporate offices (0.9 miles)
- Western Refining — corporate offices (5.8 miles) — HQ
- Charles Schwab — corporate offices (7.8 miles)
7101 Alameda Ave offers investors exposure to an Inner Suburb location with high neighborhood occupancy and a renter base reinforced by household growth within a 3-mile radius. Built in 1974 with smaller average unit sizes, the property can appeal to price-sensitive renters, while selective interior and systems upgrades provide value-add potential. According to CRE market data from WDSuite, the neighborhood’s rent levels remain manageable relative to incomes, supporting retention and lease stability.
Risks include relatively lower neighborhood retail density for daily needs, competition from accessible ownership options, and crime that ranks higher within the metro even as national comparisons are favorable. Prudent capital planning and active asset management can position the asset competitively against older stock while maintaining affordability-driven demand.
- High neighborhood occupancy supports leasing stability
- 1974 vintage with value-add potential via targeted renovations
- Workforce demand reinforced by 3-mile household growth and smaller household sizes
- Manageable rents relative to incomes aid retention, per WDSuite data
- Risks: metro-relative crime rank and limited daily-needs retail nearby