+52 984-120-0023

6 unit apartment building with great ROI

Playa del Carmen Centro, Solidaridad, Quintana Roo

  • Building
  • 6,962 sq. ft. of construction
  • 2,583 sq. ft. Lot Size
  • US$ 539,000 For Sale

Description

This 6-unit apartment building with very spacious apartments is for purchase by a savvy investor with marketing talent. The 3 large one bedroom units and 3 large studios can produce a gross income of $61,200 USD per year (currently renting at $1,000 per month for the 1 bedrooms and $700 USD per month for the studios). With the tenants paying utilities, taxes are $750 per year and maintenance $10,000 USD per year. Your net profit is $50,500 USD per year. With a minimal increase in rent, your ROI could easily be 10%.

Additional benefits:

~ Low operating cost.

~ The garden is all tropical, welcoming and enticing.

~ Beautiful rooftop for yoga, coffee, cocktails and stories.

~ Two large studios with a separate kitchen areas and bathrooms.

~ The two large upper 1-bedroom (plus den) apartments are surprisingly spacious. BIG.

~ One large 1-bedroom on the garden level. The garden becomes your private space.

~ One rooftop studio with lots of exterior areas.

Notice that the photos are of different apartments.

Garage parking.

Three blocks from Chedraui (big grocery store) and two blocks from Av. Juarez. Only 7 blocks to the ferry to Cozumel. Walk to almost everywhere in the center.

Call for an appointment to visit this place
**ready to continue renting**

Lot Size: 240 m2 / front 12m2 x 20m2 /
Lot with construction : 646.86 m2

Annual Tax : $12,996 mxn or $763usd

Features

Exterior
  • Balcony
  • Cistern
  • Garage Parking
  • Patio
  • Terrace
General
  • Air conditioning
  • Furnished
  • Kitchen
Recreation
  • Multipurpose room

Details

ID:EB-MT6426
Type:Building
Sale Price: US$ 539,000
Age:2010
Parking Spaces:4
Total space:6,962 sq. ft.
Land:2,583 sq. ft.
Floors:3
Agent:Matt Nasplaya