The Best Turnkey Investment In El Poblado W/ Four Years Of Operational And Income History

COP 2.965.000.000
For Sale

Property Description

    • Property Size 350 M2
    • Last 12 Months Rolling Profits (adjusted ending May 31st, 2018): 207, 431,482 COP
    • Four Fully Furnished Apartment Units designed for short term rentals and offering multiple streams of income
      • First Floor:
        • Commercial Space/Local with bathroom
        • 3 Bedroom, 3 Bathroom Apartment with Patio/Jacuzzi
      • Second Floor:
        • 1 Bedroom, 1 Bath Apartment with Balcony
        • 2 Bedroom, 2.5 Bath Apartment with Patio/Jacuzzi (two level floor plan – 2nd and 3rd floors)
      • Third Floor:
        • 1 Bedroom, 1.5 Bath Apartment
    • Immediate cash flow with 4 years of operational track record
    • 7% cap rate valuation based on historical income/expenses, plus new owner hasthe potential to:
      • Increase rental rates in 2019
      • Increate commercial/local rental revenues (below market rates)
    • Turnkey Property/Investment
    • RNT Approval for the Building (limited buildings with this registration – adds significant value)
    • Property is in excellent physical condition inside and out with a American style, modern design
    • Property is in an excellent location for the tourism rental market
    • Includes professional marketing photo package
    • Existing listings on all key rental portals such as AIRBNB, VRBO, etc with multiple years of ranking
    • Apartment International/FAR International is available to continue property management/operation of the property if desired by the new owners


Property Location

Location is not the exact address of the listing

Contact Us about this property