Paraiso 601

Investment Opportunity - Apartment Complex
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Property Details

Property ID
41071
Status
For Sale
Location
Panama
Property Type
Single Family House
Sale Price
$ 795,000
Year Built
2008
Unit Number
601
Built Area
410.00 m2
Total Area
1204.0 m2
Parkings
8
Date Published
Apr 20, 2024
Updated
Apr 22, 2024
Times Viewed
290

Property Description

Invest in a multi-family property for the rental income located in a privileged area, surrounded by nature and peace, just 25 minutes from the city. This charming three-story apartment complex, beautifully renovated with new floors, new bathrooms, and new kitchens has undergone a complete transformation. The property features four 2-bedroom and four 1-bedroom apartments occupied with long-term tenants with active leases, a great opportunity with a great interest rate for any buyer! Fully updated and well-maintained 8-unit property on large 1,204 square meter lot, assigned parking space for each unit and very airy and spacious common green areas, offering an extra amenity for residents. Located in in Calle Mulaba, Paraíso. Estimated GOI $61,440 p.a. and estimated 7.91% Cap Rate.

Property Features

  • Kitchen
  • Living Room
  • Dining Room

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