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Apartment building for sale as an investment in Villas Agrícolas
$890,000
—Bedrooms
—Bathrooms
1,200m² Building
786.35m² Land
26Parking
Description
Investment opportunity in a 4-story building located in Villas Agrícolas, Santo Domingo.
The property operates as a 26-unit apartment complex and generates income from day one, making it ideal for investors seeking immediate cash flow. Situated on a 786.35 m² lot with easy access to major roads, it offers potential for optimization through rent adjustments and operational management.
Practical layout and finishes in a modular concrete and metal structure spanning 4 levels. The 1,200 m² of gross floor area provides a solid framework for expanding or adapting the units as desired.
The building ...
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Main Characteristics
ReferenceAVS-923000
Price$890,000
TypeOther
FurnishingUnfurnished
Property Floors4
Building Area1,200 m²
Land Area786.35 m²
Outdoor & Lifestyle
Balcony
Property Features
Parking Spaces26
Status & Finances
Title VerificationInfo Not Provided
Water & SanitationWater Water Tank
Property Price$890,000
Down Payment (20%)$178,000
Loan Amount$712,000
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%)$26,700
Legal & Notary Fees (~1.5%)$13,350
Bank Fees (~1%)$8,900
Appraisal Fee$350
Total Cash Needed at Closing$227,300
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.