
Finding quality housing in El Paso, Texas, doesn’t have to stop at renting. At Tropicana Properties, we’re more than just “a landlord” – we’re your partner in achieving homeownership. With a legacy of providing affordable housing for over 72 years, Tropicana Companies offers residents of our 40 apartment complexes the tools, resources, and incentives to transition from renting to owning their own homes.
Exclusive Homebuyer Incentives
For residents of Tropicana Properties, purchasing a Tropicana Home comes with benefits designed to make homeownership more accessible:
- No lease early release fees
- Credit repair assistance (restrictions apply)
- One-on-one guidance through the homebuying process, including information about zero-down payment assistance programs
- No closing costs
- Move-in ready homes or the option to choose from a variety of floorplans and color selections
These incentives reflect our commitment to making the transition from renting to homeownership as seamless as possible.
Real Stories: The Mendoza Family
One of the many success stories from our Homebuyer Counseling Program is the Mendoza Family, former residents of Burgundy Palms. After living at Burgundy Palms for just one year, they attended a homebuyer workshop in early 2018. With our support, the Mendoza Family closed on their own home in April 2018.
“We had been living at the Tropicana Properties apartments; however, we had always wanted to have a home of our own,” the Mendoza Family shared. “The manager of the apartments urged us to attend a first-time homebuyer seminar and to learn about the programs they provide to assist tenants in the homebuying process. Tropicana helped us greatly throughout the process to acquire our home after years of us not being able to do it.”
Their story is just one example of how Tropicana helps El Pasoans move from renting to owning, offering stability and pride to individuals and families alike.
Creating Opportunities for All in El Paso
When tenants move from subsidized housing to homeownership, it opens doors for others waiting for affordable apartments and benefits the entire community. Tropicana’s mission extends beyond housing to fostering opportunities, growth, and success for all residents.
If you’re renting in El Paso and have ever considered owning a home, let Tropicana Properties show you the possibilities. Contact your property manager or visit our Path to Homeownership page to learn more about how we can help you achieve the dream of owning a home.
Together, we’re building a stronger El Paso – one home at a time.
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