M492 L10 Melchor Ocampo, In Town, Puerto Penasco, In Town -

$589,000
40
BD
20
BA
16,500
SqFt

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List Price
$589,000
Status
ACTIVE
Price Change
▼ $10,000 1778643596
MLS#
25-655
Property Type
Condo
Year Built
2015
Bedrooms
40
Bathrooms
20
3/4 Baths
20
Dining Room Description
Area
Living Area
16,500
Building Name
.
Latitude
31.317598
Longitude
-113.514072

Property Description

Hotel / Apartments For Sale! Check out this unique opportunity to own your own hotel or apartment complex for a low price! This property features 19 two bedroom, 1 bath apartments which can be rented nightly or monthly, perfect for generating a significant return on your investment. 17 of these units have the same floor plan, and 2 are larger back units. This property also includes a separate, remodeled owner's condo, a large area previously used as a laundry room, and a retail location with frontage on Melchor Ocampo. Each apartment has it's own CFE meter, so you're ready to rent out monthly and the tenants pay for their own electricity!

Additional Information

Taxes
$450
Tax Year
2024
HOA Freqency
None Required
Building Name
.
Financing
None
Electricity
CFE
Sewer
Connected
Water
City
Air Conditioning
Wall
Stories
2
Roof
Concrete
Pool Description
None
Garage Description
Street Parking
Miscellaneous
Cable Available

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Calculator source: Real Geeks

Listing courtesy of Rocky Point Best.