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Residential Multi Unit Building, Turn-Key Investment Property Playa Tamarindo, CR

Listing GL-TM-06
  • Beds 6
  • Baths 6
  • Lot Size 490 sq. m.
$549,000
  • Status Active
  • Property Type Home
  • Neighborhood Playa Tamarindo

About This Property

This fully renovated, multi unit, turn-key unit investment property is located just minutes from world-class beaches and surf breaks. This modern property boasts 6 fully furnished stylish studios, each with its own private entrance, fully equipped kitchen, and new appliances. Each unit has separate electric meters and communal laundry area. The property has been thoughtfully updated with new roof, air conditioning, plumbing fixtures, and tile flooring. The kitchens feature new cabinetry with stone counters and cook tops, while the bathrooms boast new water heaters. The outdoor space includes a communal BBQ area and beautifully landscaped grounds. Secure parking for 6 cars. This is a great income generator and rental opportunity, providing an idyllic setting for your next tropical escape. Live in one and rent out the other 5 units

Projected yearly revenue from long term rent is $57,600 with a Cap rate of 9%. Earn more through short term rentals!

**BONUS**
Room for expansion with lot in back of the building with its own water meter and separate deed included in the purchase price

Property Details

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