Description

BEST BUSINESS OPPORTUNITY! REDUCED $1M FROM THE ACTUAL PRICE of $2,490,000. OWNERS MOTIVATED TO SELL

This complex of 45 apartments, 42 of them completed, with autonomous units, is located in the Community of Antón on the road to Los Pantanos. The area is nice, quiet and completely fenced with a security gate. Units include studios (bachelors) and apartments with one or two bedrooms.
All units have an excellent finish, with imported cabinets and countertops in both the kitchen and bathrooms.

The rental price varies between $250 for studios and up to $450 for two-bedroom, two-bathroom apartments.
The complex offers 20 studios, 13 one-bedroom units, 5 two-bedroom units, 3 offices and the property manager house.

At this time and due to the pandemic there is a 35% occupancy of the units providing a continuous flow of income.

The complex has its own social and recreation area, with a large pool and huts for barbecues or parties.
All units also have their own parking, either in the front or on the side of the residencial, with parking areas.
There is also an office area with air conditioning units available for rent. There is ample space for storage deposits and extra parking for visitors.

The complex is located on a land of 8,289 m2 distributed as follows:

1,532 m2 of green areas
709 m2 of parking
746 m2 of sidewalks
2,120 m2 of internal streets
2,054 m2 of apartments
904 m2 storage area, common areas, laundries and gazebo.

There is also the option to convert the development into a PH (Horizontal Property), thus allowing the sale of each unit separately. The seller is looking for a buyer for the entire complex, but also to rent the available units.

At this bargain price this complex is an excellent opportunity to invest in an asset that is already producing a steady income!