Refine Search
Sort by
$1,200,000
510242 MLS
Two adjacent fourplexes being sold together at 408 & 412 Gastel Circle, Edinburg, TX, offering a rare chance to acquire an 8-unit income-producing property in a high-demand rental area. Currently operating at an approximately 8.4% cap rate, this investment provides strong cash flow and long-term upside. 412 Gastel Circle is fully occupied, while 408 Gastel Circle has one vacant unit, making it easy to schedule showings without disrupting tenants. The property's convenient location offers easy access to UTRGV, shopping, dining, and major roadways, making it highly attractive to tenants and supporting consistent rental demand. Whether you're looking to expand your portfolio or secure a turnkey income-producing investment, these properties offer the ideal combination of quality, location, and income potential. Possible owner financing available with a strong down payment. Contact the listing agent for additional details on terms.

412 & 408 Gastel Circle, Edinburg

$1,747,500
509473 MLS
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!

613 Gastel Circle, Edinburg