Cap Rate 13.8% Building of 12 apartments in Santo Domingo Id13813

Price
$450,000
Price/M²
$1,000.00
M² of construction
450
Bedrooms
10
Bathrooms
12
Parking
4

Cap Rate 13.8% Building of 12 apartments in Santo Domingo Id13813

Category

Buildings

Published

24/03/2024

Location

Santo Domingo

Price

$450,000

Price/M²

$1,000.00

Lot Size

820

Address of Property

Santo Domingo, Heredia, CR

Maintenance Costs

150000

Stories

3

Balcony/Terrance

balcon

Type of Floor

Other

Floor Number

planta baja

Benefits

Near a School
Pet Friendly
Near Traffic
Mountain View
Roofed Parking
Guest Parking
Maids Quarters
1 Studio
Storage
Garden or Park
Breakfast Area
Patio
Roofed Garage
Living room & Dinning room
Social Area
Walk-In Closet
BBQ Area

Property

Profitability 13.8% Building of 12 apartments in Santo Domingo, Heredia

Completely new building with 4 floors, which has 12 apartments of which 7 apartments are 2 bedrooms and 5 apartments has 1 bedroom.

They all have their own independent light meter and have 5 straws of water.

The apartments in total will generate a monthly income of 2.660.000 because of a cap rate of 13.8%.

Monthly expenses of 150,000

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