FOR SALE $230,000 - Apartment, Commercial, House
This good investment with a strong profitability, consists of a property of 4 units or apartments. The property has 4 beautiful independent rental apartments (or casitas) arranged side by side on a land of approximately 850 m2. It is important to mention that the property has been renovated and really well maintained during the years, so it was kept in very good condition keeping its value on the market. This quiet and peaceful place will make a very good return on your investment (about $1,800-$2,000 per month). All apartments are rented fully furnished and water, cable and internet, and a fixed amount of electricity are included in the rental price. At the moment all the apartments are occupied.
This good investment or this rental apartments are connected together by a beautiful courtyard at the back of the building where the tenants can enjoy the area and prepare a barbecue, etc…Moreover, each one has a garden of beautiful plants and has its own private terrace and 1 parking space. Additional parking spaces are also available in the backyard.
Each unit has also its own laundry, ceiling fans everywhere and AC in each bedroom, gas tank and independent water heater for each apartment, in addition to an individual electrical meter. The property has municipal water with additional 2 big water reserve tanks of 800 gallons each one (400 gallons available for each apartment), so you make sure the tenants will never run out of water!
The units or casitas varies in size and they are arranged as follows:
Unit 1 – 3 bedrooms apartment(130 m2): 1 big master bedroom with a view to the backyard, 2 other bedrooms, 2 bathrooms, a huge kitchen and dining room with lots of cabinets; countertops and a granite island, a big living room overlooking the front entrance, 1 laundry room.
Unit 2 – 3 bedrooms apartment (140 m2): 1 master bedroom with view to the backyard, 2 other bedrooms, 2 bathrooms, a big open concept kitchen/living room and laundry room with washer and dryer.
Unit 3 – 2 bedrooms apartment (90 m2): 2 bedrooms, 1 bathroom, kitchen open concept with living room, plus a place for laundry.
Unit .4 – 1 bedroom apartment (90 m2): 1 big master bedroom, 2 bathrooms, kitchen and dining room, plus another room that serves as a laundry room and a big private terrace to the backyard.
This property is very well located and convenient for tenants who do not have a car, located directly in the center of Bejuco, near the bus stations, next to the clinic (Centro de Salud) and 2 minutes walking distance from the bus stop and the Panamerican Highway.
Bejuco is a township of the Chame district in the province of Panamá Oeste, República de Panamá. This typical locality has around 6000 inhabitants. There are some shops, grocery and convenience stores directly in Bejuco taking into account the fruit and vegetable market. You are also 15 minutes by car from the multiple services of Coronado. If you do not find what you´re looking for in Coronado, the big city of Panama City is only 50 minutes from Bejuco.
The owner are motivated to sell and ready to hear your offer!