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Eight Unit Condo Building Steps To Beach Income For Sale

Dominican Rep.
Asking Price:
$420,000 (USD)
Sales Revenue:
$30,000 (USD)
Cash Flow:
Not applicable

FINANCING OFFERED.

Great Opportunity to acquire this small hotel in the center of town within walking distance to everything shopping, restaurants and beaches.

The complex is modern style and there are 8 apartments. On the first level are the 5 one bedrooms. Second story there are 3 two bedroom apartments.

All apartments are very spacious with full kitchen. AC in bedrooms.

Everything has just been updated and energy efficient, good quality built, central hot water and cooking gas, Generator supplies 24h electricity.

Beautiful and private area with small pool and garden.

Great income between $ 30,000 a year on long term rentals only, room for a lot more income growth.
Financing is available from the owner with US$230k down rest 5 years @6%.

Property Information

Real Estate:

Real Property Included

Location:

Beach town - steps to beach and bars and restaurants

Size in square feet:
12,000

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Will finance with $230,000 down and $200,000 at 6% over 5 years.

Contact Remax Ocean Side Realty

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