Multi-Unit Ocean View Building in Town

USD $239,000
3
3
50 m2
1496 sq ft
Property ID 1931

Multi-Unit Ocean View Building in Town

Reduced to $239,000 USD from $349,000 USD!

This Multi-Unit Ocean View Building in Town is a turnkey profitable business with 3 revenue streams. Multi-unit properties are an investor’s dream to maximize profits via multiple revenue streams. Located 2 blocks from the beach of San Juan del Sur on the northern side of town, this property has 3 completely independent studio apartments, 2 of which have ocean views and private balconies, that can be rented as desired with no restrictions.

Multi-unit properties are very rare in San Juan del Sur, especially in town. This unique 3 story property checks all the boxes for an excellent income producing property. Each independent studio apartment measures approximately 500 sq ft, providing ample space for short-term and long-term renters. The property is located in-town, allowing tenants to walk to the nearby amenities of bars, restaurants, shops, actives, while eliminating the necessity to rent a vehicle. An added bonus for the building is the roof top deck that has strong unobstructed ocean views and a dipping pool for hard to forget sunset parties!

The property was completely remodeled in 2017 and comes fully furnished with everything a renter needs: top of the line appliances, TVs, comfortable beds, etc. The property is truly turnkey!

With a proven rental track record, this 3 story ocean view multi-unit property is an excellent opportunity for an investor looking to expand or get into the San Juan del Sur market for long-term appreciation and short-term residual rental income.

The owner of the property has lowered the price to $239,000 USD from $349,000 USD for a quick sale!


Air Conditioning
Balcony
Bay View
Ceiling Fans
Furnished
Hot Water
Internet
Mountain View
Oceanview
Pool
Refrigerator
Terrace
Valley View
Walking Distance to San Juan Del Sur
Water at lot line

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