Looking for an investment with built in ROI? Perfectly located off Hwy 101 in Baja Sur in Colonia Miramar as you are entering Loreto. This Apartment/hotel complex has 12 studio units that are currently rented out monthly, weekly and nightly. The current rental for each unit is 1,700 pesos per month. During the slow season will average 5 units rented per month and during the busy season up to 11 units are rented. Current ROI is 11% at the asking price of $133,999 USD. A great return for a conservative investment. Each room has a cooking area, queen bed, Refrigerater, full bath and TV. Large courtyard between buildings and plenty of parking space.
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brianelder
Created Tuesday, December 20th, 2011, this listing has had 77 views so far.
Keywords: Baja, commercial, hotel, loreto, Mexico, motel, ROI, studio