Location: Escazu, Costa Rica
Cap Rate 10% Building of 8 apartments in Escazú.
Price Reduced from $ 850,000 to $735,000
The building is made up of 8 apartments, each of which is rented for $ 850 per month.
Monthly income $ 6,600
Owner expenses $ 500 per month.
Net profitability 10% annually in dollars.
Fully furnished.
Each room includes:
King Size bed, large bathroom, dining room, kitchen with granite, laundry room and balcony.
Large parking area.
It could also be rented like Airbnb, generating better income.