BUILDING of (6) Apartments, with one and two rooms,with their respective parking space for each Apartment. Modern construction with all services. Located in a residential area in Canton number thirteen (13)Tibás, of the Province of San José. Central, Historical and Cosmopolitan, a few kilometers from the Center of the Capital City / San José. The property, due to its strategic location, allows easy access to all available Public Transportation services. Close to all the Supermarket and Convenience Stores,Churches of all religious denominations. Hospitals, Private Clinics, Public and Private Universities such as UNIBE, Cinemas, Restaurants, Shopping Centers /Malls, such as Lincoln Plaza. All the apartments are currently rented . Excellent investment with an annual rate of return ( Cap Rate) of 6%, which is avery good average for residential properties in Costa Rica. The Building has permanent Maintenance in all its electro mechanical and structural installations, finishes and surroundings. Definitely, in the best area of Tibás. Aimed at young couples and university students. Economic data of interest: Total rental income for the 6 apartment units: ¢ 1,510,000 per month (One million five hundred and ten thousand colones per month) ./ US $ 2,603.44 per month. Total Annual Income ¢18,120,000 / $ 31,241.37 (Thirty-one thousand two hundred forty-one with 37/100 dollars of annual income.).
Tibás, San Jose, Costa Rica Real Estate
MLS number: 40007625087