1,000
Lot
Area
(SQ M)
FULLY RENTED FIVE-UNIT APARTMENT COMPLEX IN CIUDAD COLON. Invest in an income-producing property in Ciudad Colon, San Jose, offered at US$315,000. This private complex features five currently rented apartments, generating approximately US$29,783 in annual net income, with an estimated net annual return of 9.45% based on the asking price. Set on a 1,000 m² lot with 650 m² of construction, the property includes two two-bedroom apartments and three one-bedroom apartments, each with one bathroom. Apartments #4 and #5 are furnished, while the remaining units are unfurnished. A shared parking area provides one space for each one-bedroom apartment and two spaces for each two-bedroom apartment. With all five units currently rented, buyers can acquire an established rental property with an active income stream. The mix of one- and two-bedroom apartments appeals to different rental needs, while ownership of the entire complex allows for centralized management. Conveniently located in western San Jose, the property offers access to shops, services, and nearby urban centers, with approximate driving times of five minutes to downtown Ciudad Colon, ten minutes to Santa Ana, and fifteen minutes to Escazu. An attractive opportunity for investors seeking rental income and long-term property ownership. Request more information or schedule a viewing to explore the property and its investment potential.
