Description
Located on the main highway from Brasilito to Flamingo sits the new Brasilito Commercial Center. Only one year old, this Commercial Center comes with 4 locales, which are all full with tenants and 3-year leases signed. There is a pharmacy, nail salon, and an organic food and clothing store. In addition, there are 2 one-bedroom apartments. The ground-floor apartment is brand new and is currently being used on a short-term basis and generating $20,000 a year in revenue. The top-floor apartment is currently being used on a long-term basis but could also be used on a short-term basis. The lot is 780m2 and there is room for expansion.
CAP rate of 7%.
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Details
Property Id : 53328
Price: $ 790,000
Property Lot Size: 780 ft2
Rooms: 2
Bedrooms: 2
Bathrooms: 4
Custom ID: FBR-204
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Melanie Engel
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