Maria Williams
 

 
English Speaking Realtor in Punta Cana Professional Assistance Every Step of the Way

Details
 
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Bávaro (Bavaro-punta Cana, La Altagracia, DO - BFR-001)
MLS® $2,400,000 USD 48 APARTMENTS W/ POOL
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"BANK FINANCING UP TO 25 YEARS"
 

Reliable Realty SRL
Reliable Realty DR - Sales, Vacation Rentals & More...


Maria Williams
 
Maria Williams
Email Maria
 
Phone: 1-809-552-0898
Cell: 1-829-274-1637
Fax: 1-810-213-1474
 
Details

Address: Residential Villa Sol Type: Multifamily Style: 48 apartments in 3 buildings Bedrooms: 2 "Fully furnished" Bathrooms: 1 Size: 830 sq. ft. "or 77 m2- each unit" Lot Type: Rectangular Lot Size:  43056sq. ft.  n/a "39840 sq. ft. of construction" Year Built: 2006 "Like New" MLS®: RR-BAV-VS-48MPX
 
Description

Rare Investor Find!
NOW OFFERED WITH BANK FINANCING FOR UP TO 25 YEARS WITH 40% DOWN!

48 Unit Apartment Community
Exceptionally well maintained community in Bavaro/ Punta Cana
Beautiful landscaped grounds & large community swimming pool
Next to commercial plaza with grocery store, restaurants, salons, etc.
1 minute drive to main commercial business area with banks, more stores and shopping
2 minute drive to Texaco gas station, newer plazas & restuarants
3 minute drive to newer hospital/ dentist, more plazas
9 minute drive to the white sandy beaches of Bavaro / Punta Cana
15 minute drive to Punta Cana International Airport

High need apartments to accommodate the growing resort and tour operator employees,
servicing the 50 resorts in the Punta Cana/ Bavaro/ White Sands area.

2011 appraisal over $4 Million! Today’s construction cost would exceed $3.6 million

Built 2006
Comes with title & all permits so units could be sold individually
48 units in 3 separate buildings @ 830 sq. ft. (77 m2) each, with (83 m2) balconies
32 units have separate titles
1 office/ Storage/Staff building
Utility/ Cable building
Transformer area
Cisterns and pumps area
Community Pool area
54 Parking spaces (front and back of building)
Gated community with 24/7 security
Laundry room in each building (coin operated commercial machines)
2 Bdr / 1 bath
Full kitchen (refrigerator, oven-stove) Living room, Dining area
Fully furnished
2 A/C’s in each unit, ceiling fan in Living room
75% occupancy with excellent tenants
Average rent of $450.00 per month (including maintenance fee)
Energy efficient utilities
39,840 sq. ft. of construction
on 43,056 sq, ft. of land
Monthly expenses only $2,450 U.S. month
Nearly $18,000 month income @ 75% occupancy.
If selling individually; Tax excemption for individual units not exceeding $142,000 in value*

Serious inquiries please contact Reliable Realty DR for further information about this Exclusive Listing
 
Highlights

▪ Ready to turn into condos ▪ Profitable business as is (six-figure profits)!
▪ Property next door available for expansion ▪ Right at end of new highway
▪ Quality construction ▪ 100% occupancy rate
▪ Trained personnel on site ▪ Great manager

Features
Interior Features
▪ Alarm System ▪ Ceiling Fan ▪ Laundry Room
▪ Window Covers
Cooling
▪ 2 Window / Wall Unit
Exterior Finish
▪ Concrete Block
Sewer/Water Systems
▪ Septic
Roof
▪ Spanish / Clay Tile
Lot Features
▪ Courtyard ▪ Fenced ▪ Garden Area
▪ Landscaped ▪ Lawn ▪ Patio
▪ Swimming Pool ▪ Trees / Shrubs
View
▪ Panoramic
Extra Features
▪ Balcony ▪ Cable Available ▪ Furnished
▪ Pets Allowed ▪ Public Transportation ▪ Reserved Parking
▪ Security Guard on Duty ▪ Storage
Appliances
▪ Hood Fan ▪ Microwave ▪ Oven Range
▪ Refrigerator ▪ Stove
P2#11512395

Information is deemed to be correct but not guaranteed.



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