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Commercial Center W/ Apartment In Dominican Rep. For Sale

Distrito Nacional, Santo Domingo, Dominican Republ, Dominican Rep.
Asking Price:
$1,200,000 (USD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$100K - $250K (USD)

FOR SALE COMEMRCIAL CENTER that sits on 6,437 sf of land with Approx. 9,688 sf of construction, located in the city center near Av. 27 de Febrero, approx. 15 parking spaces.

The operation includes:

* 17 commercial spaces divided into 3 levels (different sizes) all leased out with 1,2 & 3 years contracts.

* 1 finely finished and furnished luxury apartment (can be for personal use or rent via Airbnb) 4th level (complete floor)

* transfer of company incorporated for administration purposes (corporate purpose: real estate, construction, administration, etc.) Bank accounts and all documents related to the company.

* Private administration onsite (can be fully absentee owner)

* The plaza has a 150 kilowatts emergency generator, night armed security, concierge, operating 100% with excellent service to tenants, social networks with excellent marketing and a waiting list for spaces, excellent reviews on google.

* Return over 10% per year

* Charges over U$9.5k per month not including the apartment, if you rent it through Airbnb it would represent about U$1.5k more. Fixed expenses U$1.7k / month (including administration)
Projections are to increase 5-10% a year

* some financing available through Bank entity with mortgage on the property

* Reason for sale: Relocating out of the country

NOTE: Financial information can be provided to serious buyers!! this is a real estate w/ business making real money on real time, Fully Turn Key!!! this business is being sold directly by owner, if you have any questions you can write us.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

1 Fully furnished 3 Bds 2 Bd Apartment, Luxury finished

Location:

Distrito Nacional, Santo Domingo, Dominican Republic

Premises Details:

Very ideally located, center of the city

Size in square feet:
6,436

Business Operation

Expansion Potential:

No

Competition / Market:

None around, this is the best commercial center around

Reasons for selling:

Relocating outside the country

Trading hours:

7 days a week 7.00am - 10.00pm

Employees:
1
Years established:
3

Other Information

Support & training:

All the support that new owner needs

Financing available:

Trough Bank entity

Contact Seller

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