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(734) 295-9675 info@workhorserealty.com
  • WORKHORSE REALTY
    334 County St.
    Milan, MI 48160
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Home / Edinburg / 613 Gastel Circle
613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 613 Gastel Circle Edinburg, TX 78539 View All Photos

$1,650,000

| Active

613 Gastel Circle

Edinburg, TX 78539

13,356
Square Feet
63
Days on Market
509473
MLS#
Multi-Family
Type
Duplex/Multi-Unit
Structure
Residential
Zone
Contact

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!

Property Details
Cooling
1
Heating
Central
Cooling Features
Central Air
Lot Features
Sidewalks
Stories
1
Lot Description
Sidewalks
Acres
0.0
Square Feet
13356
Lot Size (sqft)
1.2845
Parking Features
Garage Faces Rear
Parking Type
Garage
Parking Carport Spaces
25
Property Type
Multi-Family
Year Built
1991
Foundation
Slab
Roof
Composition Shingle
Sewer Information
City Sewer
Utility Source
Public
Utility Features
Cable Available
Appliances
Electric Water Heater, Electric Cooktop
Subdivision
University Terrace
Community Features
Sidewalks, Street Lights
School District
Edinburg ISD
Elementary School
De La Vina
Middle School
South Middle School
High School
Vela H.S.
County
Hidalgo
Region
Edinburg
Original List Price
$1,747,500
Taxes Annual
$27,467
MLS #
509473
Location
Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Provided By
Listed by Vicki Lynn Chrysler (#801066236)
Listing Office: Select Properties (#478)

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