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!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.