408 Gastel Cir Edinburg, TX 78539
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 408 Gastel Cir
- Year built
- 2024
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a newly constructed, eight-unit apartment complex in the thriving city of Edinburg, Texas. Located at 408 Gastel Circle, this property boasts four buildings situated on a spacious 12,380.188 square foot lot. Built in 2024, the complex comprises a mix of two-, three-, and four-plex units, offering a diverse range of living spaces. Each apartment is designed with spacious layouts and upscale finishes, reflecting a commitment to quality and luxury. The property's prime location offers convenient access to the University of Texas Rio Grande Valley, along with a wealth of retail centers and dining establishments. The remarkable occupancy rate underscores the high demand for these desirable units; the complex achieved full occupancy within just two months of completion. This turnkey investment presents a compelling opportunity for immediate cash flow and strong long-term appreciation potential. The asking price for this exceptional multifamily property is $1,050,000. This represents a rare chance to acquire a high-performing asset in a rapidly growing market. The property's address is 408 Gastel Circle, Edinburg, TX 78539.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.183471
- Latitude
- 26.300754
