Villas Andaluzas Comunidad ( Guanacaste, CR - 50503) Built

$390,000

Michael Mills

Michael Mills Michael Mills +506 2670-2175 (Office) 1-877-293-1456 (Office) +506 8867-6929 (Cell) Request More Info

  • Great rental income potential with 12 individual units!
  • Type: Commercial
  • Style: Single Story
  • Bedrooms: 23
  • Bathrooms: 12
  • Size: 6,200 sq. ft.
  • Development Level: Built
  • Lot Size: 2267 sq. m.
  • Suite: Yes

Description

This Comunidad rental income opportunity encompasses 12 units, 11 of which offer two bedrooms. The lot measures 2,267m2 with 70m road frontage and a 20m2 storage shed. The front four units are on the main road from Coco/Hermosa to highway 21 to the airport/Liberia. The front units can be combined into 2 large (120m2) or 4 (60m2) smaller commercial units. The back 8 villas offer a quieter area off the road, with mature trees keeping them cooler during the day. 7 of these units are 2 bed/2 bath, perfect for families or construction workers at 42m2 each. The very back unit is a large one-bedroom unit that was used as the owner’s unit. With a small investment into newer appliances and furniture, these units could rent long term for $650x11 = $7150 + $500 for the owner suite = $7650/month!!! Payback in less than 5 years!
The complex is centrally located between the new hotel projects in Coco/Hermosa (15 minutes away) and the new Nya project before Liberia (also only 15 minutes away). We can provide contact information for the construction firms who are desperately looking for employee housing options. Reach out today to arrange a visit!

Features

Exterior Finish

  • Stucco

Roof

  • Metal

View

  • Mountain View

Cooling

  • 3+ Window / Wall Unit
  • Ceiling Fan

Sewer/Water Systems

  • Public
  • Septic

Lot Features

  • Fenced
  • Landscaped
  • Trees / Shrubs

Extra Features

  • Cable Available
  • High Speed Internet Available
  • Storage
  • Unfurnished
P2#564574181
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Information is deemed to be correct but not guaranteed.