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Brasilito Commercial Center Brasilito
$760,000
FBR-204
  • 2
  • 4
  • 780 sq. m.

Amenities

  • Beach Town
  • Luxury Properties
  • Walk to Beach

4 locals, 2 one-bedroom apartments

Located on the main highway from Brasilito to Flamingo sits the new Brasilito Commercial Center. Only one year old, this Commercial Center comes with 4 locales, which are all full with tenants and 3 year leases signed. There is a pharmacy, nail salon, and an organic food and clothing store. In addition there are 2 one-bedroom apartments. The ground floor apartment iis brand new and is currently being used on a short term basis and generating $20,000 a year in revenue. The top floor apartment is currently being used on a long term basis but could also be used on a short term basis. The lot is 780m2 and there is room for expansion.

CAP rate of 7%.

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