Publish Ad Publish Ads
Share this ad

Buildings in San José Capital | Investment opportunity 16 unit Apartment Complex

Price
$980,000
Bedrooms
10
Bathrooms
16
Parking
More
M² of construction
700

Buildings in San José Capital | Investment opportunity 16 unit Apartment Complex

Location

San José Capital

Published

28/12/2023

Price/m² of construction

$1,400

Details

This apartment complex is located in San Pedro, walking distance to almost everything: major banks, universities, schools, restaurants, theater, major highways, bus and taxi services. Complex has 16 one bedroom fully furnished apartments, most units are rented to foreign exchange students. current ROI is 13% Unit descriptions: -16 one bedroom apartments -DSL wireless internet -Cable TV -Bathroom with hot shower -Kitchen/dining area -Living room area -Fully equipped! Rental Income 6 months with Annual total at the bottom June through November Three month contracts 9 apartments $550 X 9= $4,950 /month rental income X 6 months= $29,700 Three month contracts 1 apartments $480 month rental income X 6 months=2,880 One month contract 6 apartments at $650 X 6= $3,900/ month rental income X 6 months= $23,400 Income 32 loads X/load = $224/week (around twice a week) $224 X 4/week = $896/month x 12 months = $10,752 Cleaning Service Income$20 X 32 = $640/week

90070100168