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Apartment Complex with 14 Rental Units in Cabarete
$695,000
1,050m² Building
1,410m² Land
Description
Offered at US$695,000, this income-producing apartment complex presents an excellent investment opportunity on a spacious 1,410 m² lot. Built in 2013, the property is fully occupied by long-term tenants, providing immediate and consistent rental income. The complex consists of 12 one-bedroom apartments and 2 one-bedroom bungalows, for a total of 14 rental units, offering 14 bedrooms and 15 bathrooms. Each apartment measures approximately 75 m² and features both a front and rear balcony, creating bright, comfortable living spaces. Investment Highlights: 14 income-producing rental units (12 apar...
Highlights
Security
ReferenceAVS-878960
PriceUS$695,000
Type of Commercial PropertyCommercial
ConditionCompleted
Building Area1,050 m²
Land Area1,410 m²
Water SupplyWater Well, Water Tank
Energy SourceBattery Inversor
SecurityGated
Title VerificationInfo Not Provided
CAM FeesUSD $0
Property Price$695,000
Down Payment (20%)$139,000
Loan Amount$556,000
20%
10%50%
9.5%
6%14%
20 years
Estimated Monthly Payment$0
Total of 240 payments$0
Total interest paid$0
Transfer Tax (3%)$20,850
Legal & Notary Fees (~1.5%)$10,425
Bank Fees (~1%)$6,950
Appraisal Fee$350
Total Cash Needed at Closing$177,575
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.
External ListingCabarete, Puerto Plata
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