Marvin Alvarado
Description
With a selling price of Q3,150,000, this multifamily property generates approximately Q25,000 in monthly income from the 5 apartment units, with monthly operating expenses of Q1,267 (including maintenance and IUSI). This results in a net monthly profit of Q23,733.
The annual return on investment is Q284,796, meaning the property could recover its investment in approximately 11.1 years.
Additionally, the property is capable of adding more apartments, offering an excellent opportunity to increase profitability in the future.
Features:
3 levels of construction
5 apartment units
Land: 257 square yards
3 internal parking spaces
Security booth
Own cistern
High rental demand in the area
listing details
- Listing ID: 003074377004
- Property type: House/Villa
- Contract type: For Sale
- Price: $ 420,000.00
- Bathrooms: 5
- Bedrooms: 10
- Stories/Floor: 3
- Garage capacity: 3
- Construction size: 470.00 Sq. Mt.
- Lot size: 180.00 Sq. Mt. - 1,937.50 Sq Ft.