1835 LDX Palma Suenos Apartments
7 Unit Apartment Building with 7 CAP
- Minutes from Downtown Quepos and the Marina JUST REDUCED $30,000!!
- Type: Commercial
- Style: Apartment
- Size: 4,200 sq. ft.
- Development Level: Built
- Suite: Potential
- MLS #: LDX1835
Only 2 kilometers from Downtown Quepos and the brand new Pez Vela Marina, and approximately 10 kilometers to the famous Manuel Antonio beaches; this two story Apartment building located within a gated tennis community has 7 units and is fully rented year round. 4 studio apartments upstairs and 2 studio along with 1 (2) bedroom unit downstairs totaling approximately 4200 square feet of living area. All furnishings included. There are approximately 47 sq. meters (500 sq. ft.) of porches and balconies with the option to expand with another apartment in open space under the upper units totaling approximately 50 sq. meters (540 sq. ft.). The lot size is 1132 sq. meters (0.28 acres). Current rental pricing varies depending on season between $45-$65 per day, $245-$340 per week and $575-$800 per month. Five of the units have A/C installed. The total building maintenance support and utilities including internet, cable, electricity and water are approximately $700 per month. Rental profits of between $20,000 - $29,000 easily achievable and potential for more. Stay in one unit and make a profit from renting the others. Expat's looking to relocate and get residency! This is a perfect property for investment to meet financial residency requirements. As an option, an additional 1002 sq. meter (0.25 acre) adjoining lot is available to expand in the future.
Information is deemed to be correct but not guaranteed.