CATALINA CONDOS, Loreto, ­ ­

Property Description

RENTAL INCOME POTENTIALFour 2-bedroom units:4 × $18,000 MXN = $72,000 MXN/monthFour 1-bedroom units:4 × $12,000 MXN = $48,000 MXN/monthTOTAL POTENTIAL RENTAL INCOME: $120,000 MXN/MONTHPotential Gross Annual Income: $1,440,000 MXNAnnual property tax is approximately $12,000 MXN.ONE PROPERTY · EIGHT INCOME-PRODUCING UNITSWith eight independent apartments, this property offers investors the advantage of multiple rental income streams, reducing dependence on a single tenant.The property may also offer flexibility for different operating strategies, including long-term residential rentals and vacation rentals, subject to applicable regulations and operating requirements.A compelling opportunity to acquire an income-producing multifamily property in Lor Excellent investment opportunity in Loreto, Baja California Sur. This 8-unit apartment building features a swimming pool, BBQ area, common areas, and dedicated parking for each unit.The property offers an attractive mix of one- and two-bedroom apartments, providing multiple rental income streams within a single investment.PROPERTY HIGHLIGHTSLot Size: 646 m² / 6,953 sq. ft.Condominium Area: Approx. 490 m² / 5,274 sq. ft. + common areasTotal Units: 8Total Bedrooms: 12Total Full Bathrooms: 12Parking Spaces: 8Swimming Pool: YesBBQ Area: YesAnnual Property Tax: Approx. $12,000 MXNUNIT MIXFour 2-Bedroom Apartments* 2 bedrooms* Living room* Dining area* Kitchen* 2 full bathrooms* Approximate rent: $18,000 MXN/month per unitFour 1-Bedroom Apartments* 1 bedroom* Living room* Dining area* Kitchen* 1 full bathroom* Approximate rent: $12,000 MXN/month per unitRENTAL INCOME POTENTIALFour 2-bedroom units:4 × $18,000 MXN = $72,000 MXN/monthFour 1-bedroom units:4 × $12,000 MXN = $48,000 MXN/monthTOTAL POTENTIAL RENTAL INCOME: $120,000 MXN/MONTHPotential Gross Annual Income: $1,440,000 MXNAnnual property tax is approximately $12,000 MXN.ONE PROPERTY · EIGHT INCOME-PRODUCING UNITSWith eight independent apartments, this property offers investors the advantage of multiple rental income streams, reducing dependence on a single tenant.The property may also offer flexibility for different operating strategies, including long-term residential rentals and vacation rentals, subject to applicable regulations and operating requirements.A compelling opportunity to acquire an income-producing multifamily property in Loreto, featuring 646 m² of land, approximately 490 m² of condominium space plus common areas, a swimming pool, BBQ area, and eight dedicated parking spaces.