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Highly Occupied Apartment Complex In Chetumal For Sale

Chetumal, Quintana Roo, Mexico
Asking Price:
$88,000 (USD) Furniture / Fixtures included
Sales Revenue:
Under $100K (USD)
Cash Flow:
Under $50K (USD)

Desirable neighborhood 16-unit Apartment complex near the University of Quintana Roo: Near the waterfront and 5 min or less a drive to restaurants.

Each of these units has a full-size refrigerator, full-size bed, air-conditioner, bathroom with a shower with hot water heated by solar and cold water, and spacious closet space. The building offers a garden area with a bike rack and an outdoor kitchen recently remodeled with new appliances and quality dishes with floating shelves, new lighting, and an expanded bar area. The business offers a side yard to expand more apartments or another business. Great for local café, restaurant bars, and student hangouts.

We currently lease our outdoor kitchen to a successful restaurant that services the students in the apartments, QR University, Tech University, and the local neighborhood.

The apartment is perfectly located near Walmart, laundry mats, and Oxxo. a copy place, the waterfront. banks, and restaurants. Just down the street is the fishing town Calderitas filled with seafood live music and swimming. You are also minutes away from the liveliness of downtown Chetumal.

Chetumal is the capital of Quintana Roo, located minutes from the southern border with Belize. This city is coming to blossom with the commencement of the Mayan Train. Connecting Chetumal with its neighbors, nearby Bacalar, and further Tulum, Playa Del Carmen, and Cancun, it'll be easier than ever to connect to nearby attractions, including the Mayan ruins of Chicken Itza, swim in the seven colors of the Bacalar Lagoon, or visit the many cenotes across Quintana Roo.

The apartments currently bring in 65k pesos per month on student rentals. future projection can be at double

Great for Airbnb to maximize the profit

The business will be sold with all the furniture and rental contracts with 2 months of training. The asking price is USD 88k open to offers. (Payment plan available)

The building is in excellent condition with tall walls and electric wires to offer security and buzz cards to enter the building. not to mention the area is one of the top areas to live in.

This is the business for sale for $88k includes all furniture and rental contracts.

The asking price for real estate is $550k usd or 30% down of $550kusd

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

Business Operation

Reasons for selling:

Moving closer to home and family

Other Information

Website:
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Home based:
This business can be run from home.