Sold
$349,000
7 beds 7.0 baths 3,700 SqFt 0 Acres

TITLED INCOME PRODUCING 7 UNIT APARTMENT BUILDING IN BOCAS

Panama properties for sale & Costa Rica, Mexico, Honduras real estate near Bocas del Toro, Bocas del Toro

1st Street across from ocean, Bocas del Toro, Bocas del Toro 00000

Lonnie Hanna
(843) 314-4755



DETAILS

Instant income producing investment. Live the Island Life with this business & investment opportunity in Bocas del Toro. This centrally located  titled apartment building has seven 1 bedroom apartments including Manager's Apartment and is offered fully furnished. All appliances and A/C units convey. The building has both ocean and downtown views. Historically, it has had a very high occupancy rate with the majority of tenants being long term Bocas residents. It is centrally located, close to Simon Bolivar park, municipal building, shopping, and just minutes from the airport. It is very secure due to it's own security measures including cameras along with limited access security gate plus being across the street from Policia National Headquarters. The building has a tenant laundry facility, High Speed Internet, and HD Cable TV. All units are on grid for power, water, and sewer. There is even water catchment tanks for high volume water usage.  If you're ready to enjoy the "Vida en la Isla," (the island life) walk across the street and catch a water taxi to an exclusive beautiful white sandy beach a few minutes from your front door.  this great property produces $44,640 annually in gross income. Owner financing offered with $150,000 down, Balance for 7 years at 7.5%

 

PROPERTY FEATURES
  • Coastal Property
  • Commercial Property
  • Owner Financing
  • Businesses for Sale
  • Investment & Income
PROPERTY DETAILS
  • Street Address: 1st Street across from ocean
  • City: Bocas del Toro
  • State: Bocas del Toro
  • Postal Code: 00000
  • County: Panama
  • MLS#: 60002-18278
  • Courtesy of : United Country Panama Paradise Bocas del Toro