Property ID : MLS #00230
Financing Available!, For Sale $875,000 - Belize Business For Sale
11 Unit Apartment Building: Located on the laid-back island of Caye Caulker, just south of Ambergris Caye, this well established apartment building enjoys almost 100 % occupancy. Macaw Apartments has excellent Trip Advisor ratings and reviews. This is a rare opportunity, since good long term rental units are difficult to find on the Cayes. Two 2-bedroom units and eight 1-bedroom units spread over four floors, so a lot of living space within this complex. Lot size is 6400 sqft, floor space is 5500 sqft. One unit is a separate 1-bedroom cottage, hidden among the mature vegetation that covers much of the grounds. Two 1-bedroom penthouses with a palapa-shaded flagstone patio (currently occupied by the owners) are located on the fourth floor. Each has their private rooftop terrace. This complex is three blocks from the beach and just across the road from the western shore of the island. Great 360 degree views from the roof top decks! Foundations are in place already for an additional building with three 1-bedroom units, giving you a total of 14 units! FINANCIALS AVAILABLE – EXCELLENT RETURNS! Asking $875,000 US
- Real Estate:
- Real Property Included
- Living Accomodation:
- Penthouse apartment on the 4th floor with private palapa and private sundeck on the 5th floor. Unbelievable views and always a nice breeze;)
- Caye Caulker, Belize
- Size in square feet:
- Expansion Potential:
- Foundations for 4 more apartments are already in place.
- Reasons for selling:
- after 20 years in the hospitality industry it’s time to retire from it:)
- Trading hours:
- year round Mon.-Sun. business working hours
- Years established:
- Support & training:
- training available and included in the price.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- 50% down, rest 5 years 6% secured through first mortgage.
- Furniture / Fixtures value:
- $6,000,080,000 (included in the asking price)
- Home based:
- This business can be run from home.
- Belize real estate
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- Grand Caribe Condos
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- Ambergris Caye real estate
- Retiring in Belize
All listings priced in US$. If you are interested in this property, please contact James at 1.888.980.6448 or [email protected]