ANT4 - 48 Apartment Complex
Great investment as rental properties. All units are also available for individual sale! Let your money do the work for you while you enjoy the lifestyle.
Price US$: 3,000,000
Region:
Punta Cana - Bavaro
Location:
Bavaro-Punta Cana
Description:
Rare Investor Find!
48 Unit Apartment Community
Exceptionally well maintained community in Bavaro/ Punta Cana
Beautiful landscaped grounds and 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
3 minute drive to newer hospital/ dentist, etc.
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.
Today’s construction cost would exceed $3.6 million
Built 2006
Comes with title and all permits so units could be sold individually
48 units in 3 separate buildings @ 830 sq. ft. (77 m2) each, with (83 m2) balconies
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 $515.00 per month (including maintenance fee)
Energy efficient utilities
39,840 sq. ft. of construction
on 43,056 sq, ft. of land
Monthly expenses only $3,130.00 month
Nearly $18,540 month income @ 75% occupancy.
Tax exception for individual units not exceeding $142,000 in value*
Construction size:
m²
Lot size:
m²
Bedrooms:
96
Bathrooms:
48
Home Features: 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"
Interior Features ▪ Alarm System ▪ Ceiling Fan ▪ Laundry Room ▪ Window Covers Cooling ▪ 2 Window / Wall Unit
Appliances ▪ Hood Fan ▪ Microwave ▪ Oven Range ▪ Refrigerator ▪ Stove
▪ Balcony ▪ Cable Available ▪ Furnished
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Community Features: Lot Features ▪ Courtyard ▪ Fenced ▪ Garden Area
▪ Landscaped ▪ Lawn ▪ Patio ▪ Swimming Pool ▪ Trees / Shrub
▪ Pets Allowed ▪ Public Transportation ▪ Reserved Parking ▪ Security Guard on Duty ▪ Storage
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