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GoCozumel Vacation Rentals and Villas

Cozumel, Mexico Apartment Building For Sale
Income producing property
price now reduced

 
Apartment complex with 22 units and a 70% occupancy rate. 
The lot is 390 square meters (4,197 square feet) and there is a total of 702 square meters (7,556 square feet) of construction. 
Completed in 2005, this apartment complex is on a corner lot. There are 10 apartment units and a small but thriving convenience store downstairs. Upstairs there are 12 more apartments for a total of 22 units. 
There is off street secure parking for bicycles and mopeds, and secure storage area for building supplies and tools
It is well designed, solidly constructed to support a 3rd level with up to 12 more units with plumbing and electrical lines already run to the 3rd level.  
Views of the downstairs middle passageway and apartment entrances
View of the upstairs front passageway for the apartments facing Calle 1 and the interior upstairs passageway with entrances to units on either side.

21 of the apartments are for long term rentals, with residents paying their own electric and gas.  One of the 22 apartments is currently furnished and offered as a vacation rental.  

Shown by appointment only.  Serious inquires only please

This 22 unit apartment complex was recently appraised by
Coldwell Banker Cozumel at $541,000

Priced to sell at $505,000
Now reduced to $467,000

For inquiries, click on the mailbox below

DISCLAIMER: GoCozumel.com assumes no responsibility or liability for any information about the real estate or the ownership of the real estate listed here. 
Information about the property has been provided by those who are advertising.

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