Multi-Unit Ocean View Building in Town

$239,000


Listing ID: 0010076

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 mts, 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!

Additional Details

  • Built In
    2017
  • View
    Ocean View,Valley View,Mountain View,Bay View

Closest Surf Breaks

Share this Property

Location

Contact Agent