Potential Rental Business with 12 Units and a Penthouse

USD 799,000

Description

A great opportunity to acquire a complex with 12 units including 3 bigger apartments, the complex is located in a very quiet residential area, about 5 minutes from the center of Cabarete.
It is only a 10-15 minute walk to the beach.

9 of these separate studios are ready for rent and can generate income immediately. Each studio offers a pool or garden view and has a small kitchen with adjoining living area and a bathroom also the 3 bigger apartments.

A staircase leads to the upper living area where the apartments with 2 bedrooms are located, the apartment are fully furnished and also offers a large, modern, fully equipped kitchen.
In the upper area there is also a large, open, covered area, which would be suitable as a yoga or gymnastics room, this room covered with palm leaves offers unlimited possibilities, your fantasies are no limits.

Next to the pool area there is a large bar where guests can enjoy a cool drink or indulge in a Caribbean barbecue evening.

In the entrance area, a spacious garage offers space for 2 cars. The garage could also be used as a workshop.

This fantastic residential complex is also surrounded by a high wall and therefore does not need security. An uninterrupted power supply is also provided, solar panels and batteries guarantee a 24-hour power supply with a Electric generator.

Listing Id: 1021
Price: USD 799,000
Property Lot Size: 1,000 m2
Bedrooms: 14
Bathrooms: 14
Construction Year: 1991

City:
State/County:
Country: Dominican Republic

Appliances
BBQ
Freezer
Microwave
Oven
Refrigerator
Stove
Location
Close to the Beach
Property Features
Air Conditioner
Ceiling Fan
Electricity Available
Furnished
Guest Quarters
Internet Available
Inverter
Laundry Room
Pool
Private Generator
Private Parking
Satelite / Cable TV
Security
Solar Energy
Telephone
Special Features
Balcony
Pets Allowed
Storage

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Jazmin De Oleo

Real Estate Agent
Member of: Palm Hills Real Estate S. A.

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Jazmin De Oleo