Listed by Select Properties
$1,747,500
613 Gastel Circle
Details
APN U200000000003800
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 13,356
Units 25
Year Built 1991
Buildings 4
Acreage 1.285
Parking Spaces 25 spaces
Parking per 1,000 SqFt 1.87
Multifamily | 25 Units
Marketing description
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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Listed by Select Properties
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