El Paso herald. (El Paso, Tex.) 1901-1931, 1914-07-04
VALLEY LANDS MUCH IN DEMAND;
IMPORTANT SALES ARE RECORDED;
SUMMER ACTIVITY IS NOTICEABLE
Inquiries Among FL Paso Realty Operators Range From
Small Buyers to Those Desiring Extensive Ranches;
the Rental Demand Is Very Strong; MANY
Building Permits Are Issued

- ESIDES widespread activity in To-
X cal realty the present summer
II season, the season when all lines
o. business and real estate in particu-
lar are supposed to be dull mas
brought an active and increasing de-
maud in valley land Inquiries Tor
tracts from five acre truck garden
tracts up TO 1000 acre rancn lalus at
A number of sales Of considerable
size were made in valley Ian, during
the week and there are many more
deals pending, at large percentage %
which, il Is expected, VIII De closed
during the coming week The demand
1ol good land Is about equal IN bOln
the upper and lower valley The excel
lent rains of the season nave amply
demonstrated the productivity Of ii
PasO valley land and settlers are now
coming in from distant points, one sale
recorded this week being to buyer
from salt Lake City, Utah
Rental Demand Strong.
Never before has the demand for
rent houses been so great in FL PasO
as it now is As an indication OF TINS
one real estate man reports mat
prospective renter this week offered
him six months rent in advance on
house that was for sale. Realty men
have practically stopped making up
lists Of rent houses, so quickly are any
vacant ones snapped up
With the vacation season Wei IN
dcrway many furnished houses nave
been placed in the rental column lor
short periods. The demand mere, 100.
IS good and FL PasOans leaving Ior
the summer are having no trouble IN
renting their houses
Many Apartments Built.
FL Paso is rapidly becoming an
partmenI hOJlNa city. During the last
ear at least a dozen large apartments
nave been built and agents report that
in many cases the leases for all the
apartments are signed before the
building is ready for occupancy.
Besides smaller buildings Of this
character, there are now under con-
sructiOn six large apartment houses
that viii be ready for occupancy IN the
fall These are all modern structures
and are equipped with all the latest
convenience In many cases the
Spanish mission style is being Iol-
lowed, making very pleasing appear
auce.
June Prosperous Month
An indication of the amount of build
iu- that is now going on IS given by
the June report Of the city buuulnS
inspectors office A total Of 100 per
nlits were issued for buildings, rep
rosenting an outlay of Sl46.5l5. For
the same month Of last year LOG per
mits were issued, uOtaling Sl36,l55- Al :
though the increase shown IS not large I
this is explained by the fact that build /
Ing operations in the summer are /
Usually at low ebb.
In the list is included apartment /
houses bungalows, cottages and store {
buildings Every section of the city !
Is represented, showing that the I
growth Of the city is well distributed 4
Valley Land Sold.
A tract of 2O5 acres in La Union, in 4
the Aesilla valley Of New Mexico, has
been sold for Judge I. W Parker, Of {
santa Fe. by the r. c Bailey Land (
company The purchaser is Timothy
Williams Besides having a modern
ranch house, the land is under cultiva-
ton with good stand of alfalfa. Mr..
Williams has been connected with the
Pearson plant but will now devote
himself TO farming The selling price
OF the land was $4,000
The same firm has sold for A J. /
" atsOn 10 Paul Rigney, Of Oklahoma.
a tract Of farm land containing us
acres at La Mesa in the Mesilla val
Icy Mr. Rigney's two brothers are
la Mesa farmers and their success
prompted him to come to the Alesiua
was $4,000.
John H Leavel. of Salt Lake City.
{ tah, has purchased 134 acres Of land
near Las Cruces. The tract is under I
the Leasburg diversion dam and was
bought from c. h Leavell for $4,000.
Mr. LeaveI intends TO make extensive J
on the tract.
Building Bungalow.
The PhOenix-EI Paso Building com
oany has begun work on a five room I
bungalow on Montana street, in the
government Hill section. for Mrs J.
~ Davis II viii be built of blue Atlas
1rick and viii cost $4,000. The same I
-iTm expects TO complete next week
he six room house Of H b Durkee at
and Cliff streets. TO cost / {
1000, and the nine room dwelling Of
Yrs Rue Jackson at Hill street and {
Mesa avenue. which will cost $4,000
Two bungalows on Roosevelt street. ]
y the 900 block. were completed this {
p eek by the Perry irLna trick Realty 7
'ompany. Each Of the BUNGALOWS con- I
aims six rooms and cost $500 One I