Cap Rate 12% Building of 8 Apartments for Sale in Escazú Escazu (canton) ( San José, CR ) Built

$680,000 USD

Coldwell Banker Costa Rica

Coldwell Banker Costa Rica Coldwell Banker Costa Rica +506-7270-0067 (Office) Request More Info

  • Type: Residential
  • Style: Single Story
  • Bedrooms: 8
  • Bathrooms: 8
  • Size: 650 sq. m.
  • Development Level: Built
  • Lot Size: 0.26 acres
  • Year Built: 2010
  • MLS #: 13350

Description

Cap Rate 12% Building of 8 apartments in Escazú.
Price Reduced from $ 850,000 to $ 680,000
The building is made up of 8 apartments, each of which is rented for $ 850 per month.
Monthly income $ 6,800
Owner expenses $ 800 per month.
Net profitability 11.10% annually in dollars.
Fully furnished.
Each room includes:
King Size bed, large bathroom, dining room, kitchen with granite, laundry room and balcony.
Large parking area.
Currently the owner has it rented in airbnb mode, generating $ 9,600 a month, which would give a profitability of 15.7%
Illustrative photos *

Attachments

P2#439293633
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