13 Units Investment Opportunity in San Pedro, Belize

13 Units Investment Opportunity in San Pedro, Belize

Rarely available apartment building located in the desirable area of central San Pedro, within walking distance of stores, churches, resorts, the beach, the new San Pedro Belize Express water taxi, and more. These units are fully occupied with a tenant wait-list. Discover a fantastic investment opportunity with this apartment complex that features a swimming pool and available parking. It has 13 individually titled Strata Units and one two-bedroom unit that provides additional living space for residents or guests. All units are owned by Casa David, LTD and this offer is to sell the entire corporation, saving the buyer the Stamp Tax expense. The corporation comes with the Belize business certificate of good standing, Belize business license, etc. Units are not being sold individually, but you could do so after purchasing the corporation. Each unit is individually titled.

Key Features:

– Total Units: 13 individually titled Strata Units many with new paint, new tiles, new light fixtures and switches, new shower nozzles, etc. There is also a 2-story office building, storage shed, and communal pool.

– Unique Offering: The only Two-Bedroom Unit in the complex

– Expansion Potential: Opportunity to build a fourth floor

– Prime Location: Located within walking distance to the beach, stores, churches, San Pedro Belize Express, resorts, and more

– All the units are furnished with beds, dressers, a table and chairs, kitchen cabinets, etc.

– Inventory Included: One year’s worth of pool supplies already purchased

Financial Overview:

– Monthly Income: $11,500.00 BZD

Expense Yearly:

– Annual Insurance Cost: $3,600.00 BZD

– Annual Property Tax: $400.00 BZD

– Annual BWS $300.00 BZD

– Annual Pool Supplies $750.00 BZD

– Yearly Gross Income $138,000.00 BZD (Net Income after Yearly Expense $132,950.00 BZD)

– Lot Size: 50 ft. x 75 ft.

This property offers a strong income stream, excellent expansion opportunities, and the convenience of being centrally located. With the additional inventory of pool supplies, you can ensure smooth operations from day one. Don’t miss this unique opportunity to own a thriving property in beautiful San Pedro—contact us today for more details!