Comfort apartments complex for Sale!! Montana 43-e

Description:

Comfort Apartments is a unique opportunity to acquire a cash-flowing apartment complex, 10 minutes away from Palm Beach and Eagle Beach. With a strong rental history and a potential monthly turnover of over AWG 30,000 in long-term rentals, this could be the right moment to invest and generate a passive income.

With a recent appraisal of US $2.5 million, we’re offering this opportunity at a remarkable US $900,000 below market value. This presents a unique chance to maximize your return on investment.

Featuring 18 charming apartments designed for comfort and style. On the ground floor are the central lobby, 7 one-bedroom apartments and a studio, a laundry, an outdoor terrace, and a swimming pool. On the second floor are 10 two-floor apartments, which of 7 contain two bedrooms, and 3 apartments have a three-bedroom layout. The basement of 398m2 is currently not in use but has potential for extra income.

This commercial apartment building is built on 773m2 of private property land, located along an asphalted public road, across from the Huan Zuan Supermarket. Grocery stores, schools, and The Figaroa Stadium are within walking distance.

Key Features:

• 18 units: 1x studio, 7x 1-bedroom apartment, 7x 2-bedroom apartment, 3x 3-bedroom apartment
• Swimming Pool with spacious terrace.
• Laundry area
• Large basement of 398m2 (4284sq ft)
• Prime Location: Situated in the sought-after area of Montaña nr. 43-E, Moco / Tanki Flip, NOORD, just minutes away from Oranjestad and Aruba’s stunning beaches.
• Market Value: Recently appraised at a market value of US $2.5 million, this listing is priced US $900.000 below market value.

Property Details:

• Land Area: 773 m2 of Private Property land
• Built-Up Area: 1,573.6 m2 across basement, ground, and upper floors
• Construction Quality: Constructed with high-quality materials and maintained in excellent condition
• Income Potential: Currently rented for with long-term rental agreements, providing immediate income for investors.
• Additional Information: Appraisal details and comprehensive construction information available upon request.

Don’t miss out on this exceptional investment opportunity in Aruba! Contact us today at +297-7422282 Linda Belgraver

Linda@arubahappyrealty.com