Property Description
Ready to make passive income! Come and checkout a four-plex apartment building located in the Belama Phase 1 area of Belize City. Key features of this income generating complex are:
- Lot Size – 4,400 sq ft
- Building Size 4,000 sq ft (Each floor is 2,000 sq ft)
- 2- Semi Furnished 2 Bed 2 Bath Apartment
- 1- Semi Furnished 1 Bed 1 Bath Apartment
- 1- Unfinished 1 Bed 1 Bath Apartment currently being used as storag
- Large ground floor balcony that can be easily incorporated to make the ground floor apartments larger.
- Each unit has access to its own electric and water meter
- Current 7% return on your investment
- Tenants have long term tenancy and attract great tenants
- Walking distance to churches, supermarket, hardware stores, bus stops and other amenities
- Cost per square feet is at $125 per square feet
- 3 units recently renovated in 2016.
An investment such as this building won’t last long on the market.