listing

$ 2,530,000
Description
Excellent Income-Generating Property.

Type: Residential

Style: Single Story

Development Level: Built

Description
20 Apartments Offered at US$ 2,530,000

Introducing this portfolio of income-generating rental apartments – a strategic investment opportunity. Situated just steps away from the beach, Residencial Vista Bavaro offers a prime location that enhances its revenue-generating potential.
On the other hand, being located on Av. Alemania provides excellent accessibility to major transportation routes and a wide variety of services, such as restaurants, shops, and entertainment centers.

INVESTMENT HIGHLIGHTS:
– Projected Annual Return on Investment: 8.5%
– Highly Profitable Business.
– Direct Access to Beach Club and Resort.
– Profitability from Day 1.

THIS PORTFOLIO OFFERS:
– 3 Buildings with modern design.
– Nearby commercial and entertainment area.
– Secure condominium.
– Walking areas.
– 24-hour security.

Building #3: Priced at US$ 975,000. This building features 10 units, including 4 one-bedroom units rented at $550 each, 4 two-bedroom units rented at $850 each, and 2 studios rented at $300 each, generating a total annual rental income of $74,400.

Building #5: Available for US$ 580,000. The four units in this building hold a promising rental potential, each leased at $800 per month, resulting in an annual rental income of $61,200.

Building #14: Listed at $975,000. This building showcases six available units, each rented at $850 per month, significantly contributing to the monthly rental income. It generates an annual rental income of $38,400.

Solid Annual Income: Calculate the total annual income by summing up the monthly rental amounts across the entire portfolio, resulting in a projected annual income.

Properties generate a robust annual income of $174,000 from long-term leases. Contracts are set for 6 months and 1 year.

Low Maintenance Costs: Ensuring higher profitability and reduced expenses.
Property for
Sale
Posted
3 months ago
Property Features
  • Basement
  • Swimming Pool
  • Family Room
  • Central Air
  • Dining Room
  • Disability Features
  • Laundry Room
  • Fireplace
  • Main Floor Bathroom
  • Main Floor Bedroom
  • Spa/Hot Tub
  • Oceanfront / Beach Views
  • Gated community
  • Furnished / Turnkey
  • Terrace / Balcony
  • Wifi
  • Private beach access
  • Private or Gated Parking
  • Golf course proximity / views
  • 24/7 Security
  • Fitness center & spa
  • On-site Restaurants / Bars./ Mall
  • Walking distance to beaches
Additional information
Garage
No
Number of Floors
1
Reference Number
RF168103
Location
Dominican City
Punta Cana El Cortecito
Address
Villas Bavaro (Bavaro, La Altagracia, DO - 23000)
ZIP code
23000
Expand Map
  • Save as PDF Save as PDF
    • Current rating: 0
    • Total votes: 0
  • Report Listing road-sign-warning Cancel Report remove-circle
  • View QR Code View QR Code
  • 13 Views
Search for a city or select popular from the list
Select a label or click "Other" to send comments
Loading...
Are you sure you want to cancel your report?
No
Click on the image to refresh the captcha.