Friusa Multi Residential , Suite 48 Units La Altagracia ( La Altagracia, DO - 23000) Built

$2,300,000 USD
Turn Key Multi Residential

www.SOLPuntaCana.Com

Fabio Zonta Fabio Zonta 809-610-3926 (Cell) Request More Info

  • Great Cash Flow
  • Type: Condominium
  • Style: Single Story
  • Size: 60,000 sq. ft.
  • Development Level: Built
  • MLS #: 274021488

Description

48-apartment condominium operation running smoothly is up for sale by owner!

Villa Sol is a community in pristine condition, and this has come to be appreciated by owners and neighbors alike. With a strong administrative team on top of things the general areas, exterior walls, parking lots, stairs and all condos, have received regular maintenance and stay in top shape.

The community consists of 48 apartments, each with 2 bedrooms and one bathroom, that come completely furnished. Over time, and with many tenants renting for over 3 years, some of these condos are now very personalized while others retain the basic decor and flavor. All of them, however, are in excellent condition and rentals are all current.

There is an in-house maintenance team providing regular upkeep of the premises, namely repairs, exterior painting, pool cleanup and security. The security level is beyond anything else for residents in the area, with 24/7 cameras recording, barbed wire in the perimeter wall and gated access.

The community serves mostly year-round residents and not tourists. This means that, for a minimal percentage less than tourist condos rent for, you have an operation with stable income and occupancy rates over 90% year-round.

Highlights

All Apartments Furnished In Friusa, downtown Bavaro for hotel and resorts employees
Excellent Condition Throughout
Smooth Operation with Collection Current
Gorgeous Private Community Pool
Almost All Tenants Are Long-term Rentals

Attachments

P2#274021488
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Information is deemed to be correct but not guaranteed.