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Casa David – Commercial Property (13 Units)

USD 549,000
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Overview

  • Updated On:
  • June 20, 2022

Description

INVESTMENT PROPERTY!

Price REDUCED by 50K

Casa David is located less than a mile south of San Pedro Town, Belize just a few steps off the beach, within a residential neighborhood with close proximity to amenities, restaurants, Hardware, stores, a Dive Shop, Beach, etc.

The building consists of a total of 16 units. 13 of those 16 are being offered for $599,000; One is a 2-bedroom unit, currently being rented for $1400 monthly plus utilities. And the remaining 12 units are of One Bedroom being rented for $750 monthly. Utility expenses are separate and it’s the responsibility of the tenants.
Property Taxes: $300 BZD Yearly.
The building measures: 40 by 65ft and theirs a total of 3 floors.
Floor 1: Unit 1, 2, 3, 10, 9 (each unit measures approximately 433 sqft)
Floor 2: Unit: 4, 5, 6, 13, 12, 11 (Each unit measures approximately 433 sqft)
Floor 3: Unit: 7, 8, 16, 15, 14 (Unit 8 measures 845 sqft – this is the 2B/2B unit, the others measure approximately 433 sqft).
The ground floor features a pool. The pool measures approximately 350 square feet.
The Price Of $599,000 is for 13 Units (of which all except one is a 2 bedroom.
Unit 6 can also be purchased separately for an additional $50,000 USD.
Note that all the units are the individual titled (Strata Title): Strata titles are separate individual titles issued to units/condos within a development that shares common facilities such as gated and guarded communities, security, car parks, and facilities governed by a common owner.
HOA Fees per unit: $50.00 Monthly.
Property Id : 21034
Price: USD 549,000
Other Features
pool
rental units

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    Gabriel Zetina