For Sale: House and 20 Apartments - Guadalupe Victoria
In the area Guadalupe Victoria we offer a very interesting investment project.
The Property contains a house, 20 apartments and a back area which would be good for an big garden or parking.
At the entrance you will find a big and comfortable house!
The house has
- 2,5 bathrooms
- 4 bedrooms
- Terrace
- living room
- dining room/kitchen
- a big office in the basement
Behind the house you will find 20 apartments, patio, parking, garden, bodega, etc.
The apartments are;
- 11, two bedroom apartments with bathroom and kitchen
- 9, one bedroom apartments with bathroom and kitchen
- Big rooftop
Gas connection, separate boilers and electricity for the apartments, etc.
There is a water well on site.
The buildings is well constructed, but the apartments need some work, but we are giving you some ideas about the possibilities.
This property is ideal for renovating the apartments, a school, offices, a hotel and more…
$ 14.500.000,-
Below you will find an idea of re-modulation.
The family who run it are doing very well, but the children don't want to continue the business... Time for them to move on!
The Opportunity
GUADALUPE PROJECT
APARTMENT BUILDINGS
ABOUT THE PROPERTY
For sale magnificent apartment project and a house, located in the Guadalupe neighborhood, in the city of Oaxaca de Juarez. Having the benefit of the location with access roads to the main avenues and points of interest in Oaxaca. The Guadalupe project is a remodeling proposal that seeks to satisfy the demand for housing in this area of the city. Having common areas for those people who seek to live together in freedom.
Current monthly cash flow: $80,000 pesos
Expected monthly cash flow: $180,000 pesos
Project cost estimate: $6,000,000 pesos
****IN THIS DOCUMENT YOU WILL FIND OUR BUSINESS PLAN WITH OUR REMODELING PROPOSAL AND BELOW EACH PAGE THE PHOTOS OF THE CURRENT CONDITIONS OF THE HOUSE
Estimated return on investment:
10 years!
