Investment Building For Sale Fully Rented – Se Vende Edificio en El Cangrejo – MLS 15107

Fully rented and managed building for sale in El Cangrejo, Panama. There are 20 apartments and two street-front commercial units. These include 15 two-bedroom apartments and 5 one-bedroom apartments. Commercial spaces measure approximately 95m2 each and commercial tenants have been in the building for 10+ years. Current rent $11,590. Rent at 100% occupancy is $13,563. Current total expenses $1,860. This property has a very low tax basis and an excellent, safe location. There are plenty of opportunities for improvement. Currently managed by Panama Equity Property Management since 2018. Good tenants, current contracts, opportunities to increase rents including painting façade and remodeling units.

Se vende edificio en El Cangrejo. Hay 20 apartamentos entre uno y dos recamaras más dos locales. Ingreso actual $11,590. Actualmente hay 4 apartamentos sin alquiler. Alquilados, el total de ingreso mensual es $13,563. Gastos mensuales y impuestos bajos. Hay muchas oportunidades para mejoras y esta en una buena ubicación. Contratos vigentes y algunas viejas donde pueden subir la renta fácilmente. Azotea recién remodelado, ascensor con mantenimiento al día. Buenos inquilinos con 0 deuda o mala paga. Lote de 418m2, impuestos bajos.

Cortesía MLS® de ACOBIR