613 Gastel Circle

Edinburg, TX 78539

$1,650,000

Beds: N/A
Baths: N/A
Square feet: 13,356
Lot: 1.28 acres
Year built: 1991
Type: Multi-family
Status: For Sale
MLS #: 509473

Mortgage estimate

$11,568/ month

20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.

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Estimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.

About this home

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!

Features

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