Commercial Real Estate for Sale in Bo. Arenales, Aguadilla, Puerto Rico $990,000
A Two-Story Commercial Building with twelve (12) identical apartments, six (6) on each floor. The Property has an external Laundry Room, an in-ground Pool, with a Gazebo next to it, and approximately thirty (30) Parking Spaces. It also includes the surrounding's landscaping, and the perimeter is fully fenced, with controlled access on the entrance. Every Apartment comes with two (2) Parking Spaces and has: Living Room, Dinning Room, Kitchen (with stove, fridge and modern cabinets), Private Balcony, one (1) Bathroom and two (2) Bedrooms, each with their own Air Conditioning Unit.The Property has been fully rented for 18 years, enjoying a nearly perfect Vacancy Rate of 0%!Located on Road 110, its apartments are usually leased by professionals from nearby, growing companies ?like Honeywell, Hewlett Packard and Infotech, among others. However, that's not the only location highlight. Road 110 is a transited street, with plenty of restaurants and business, that leads all the way to Ramey, Aguadilla's former United States Air Force Base, with places such as: Rafael Hernández Airport, the University of Puerto Rico in Aguadilla (CORA) and Punta Borinquen Golf and Country Club.Buying this property guarantees you a continuous money entry. With each apartment currently rented at $550.00, the monthly income is $6,600.00, which totals $79,200.00 per year. Subtracting the annual taxes, which approximate $5,600, would still leave you with a neat income of more than $70,000.00. Opportunities like this appear rarely, and must be exploited immediately!
Brokered And Advertised By: Bengie Rodriguez, Realtor®
Listing Agent: Bengie Rodriguez, Lic. C-8268