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Apartment Building - For Sale - $285,000 US

A wonderful six unit apartment building backing on to the golf course located in the gated beach community of Costambar. The current owner has completely remodelled all the apartments and is in move in condition. You can simply live in the air conditioned two bedroom apartment, while renting out the other five. A nice pool to swim in, golf, fitness center, a beautiful beach all in walking distance make this the perfect retirement or early retirement investment. Currently some long term renters and high season renters. Earns $25,000 gross yearly at present with potential for far greater revenue. Already titled as six individual condominiums should you want to resell them individually in the future. The building is in a corporation substantially reducing transfer fees.
Address: 112 Cristobal Colon, Costambar
6 units
Bedrooms: 5 units - 1 bed/1 unit - 1 bed
Bath(s): 1 bath each unit
SQFT: 1 bedrooms - 650 sq ft/2 bedroom - 900 sq ft
Lot Size: 500 sq mt
Ocean View: No
Mountain View: Yes
Sold: Furnished
Year Built: 1990
Air Conditioning: 2 bedroom only
Parking: available
Pool: Yes
Security System: No
Financing Available: Yes
Finance Terms: Negotiable

Listing Agent: Mike McLaughlin
Phone: U.S./Canada: 850-364-9515 / Local: 809-871-0222