613 Gastel Circle, Edinburg, TX 78539
- $1,747,500
- 13,356
- SqFt
- List Price
- $1,747,500
- Status
- ACTIVE
- MLS#
- 509473
- Living Area
- 13,356
- Lot Size (Acres)
- 1.2845
- Year Built
- 1991
Property Description
Owner Finance Available!! Prime income-producing opportunity in a high-demand rental market! Gastel Circle Apartments features a strong, stabilized 25-unit layout consisting of eighteen spacious 1BR/1BA units and seven 2BR/1BA units. Meticulously maintained with an excellent tenant history, this portfolio boasts a high current gross monthly income with immediate upside potential, hitting an even higher cap rate upon upcoming renewals. Priced competitively, this asset offers an exceptional entry cap rate for savvy investors looking to add immediate cash flow and long-term equity to their portfolio. Located in a convenient, established neighborhood with robust rental demand, don't miss out on this turnkey multifamily gem!
/u.realgeeks.media/lindavistarealestate/Transparent.png){kind=spacer}
Additional Information
- Area
- Edinburg
- Subdivision
- University Terrace
- Taxes
- $27,467
- Stories
- 1
- Amenities
- Sidewalks, Street Lights
- Heating
- Central
- Cooling
- Central Air
- Utilities
- Cable Available
- Sewer
- City Sewer
- School District
- Edinburg ISD
- Elementary School
- De La Vina
- Middle School
- South Middle School
- High School
- Vela H.S.
Mortgage Calculator
Listing courtesy of Vicki Lynn Chrysler with Select Properties