Property Description
Buy Belize Real Estate is excited to present an exceptional opportunity to acquire a well-positioned apartment complex located in the vibrant Coral Grove neighborhood of Belize City. This prime property is ideally situated within easy reach of essential amenities, including hardware stores, diverse restaurants, reputable schools, pharmacies, medical facilities, and supermarket, making it the perfect investment.
This apartment complex represents an outstanding investment opportunity, featuring a spacious lot that accommodates two well-constructed apartment buildings, each standing two stories tall. The demand for rental properties in this bustling area is significant, ensuring that these apartments consistently generate monthly income.
Property Features:
*Lot Size: Approximately 64 ft x 85 ft
* The property is fully fenced, providing security and privacy for residents.
- Comprises four units
Apartment Building 1:
- Consists of one unit located upstairs and one unit downstairs.
- Each floor offers 1,200 square feet of interior living space.
- Units feature 3 bedrooms and 2 bathrooms, currently renting for $3,500, respectively, reflecting the high demand for spacious housing options.
Apartment Building 2:
- Consists of two units; one unit with 2 bedrooms situated upstairs and a studio apartment located downstairs.
- The upstairs unit is renting for $1,500, while the studio is generating income at $950 per month.
This apartment complex not only presents a solid opportunity for immediate rental income but also promises potential for long-term growth in value, making it an attractive proposition for investors in the Belize real estate market.