INCOME-PRODUCING INVESTMENT PROPERTY IN GUADALUPE

Asking Price: $1,700,000
Estimated Net Return: 10.3% Annually
100% Occupancy in Apartments and Commercial Units

An exceptional opportunity to acquire a fully operational, income-producing real estate asset in a strategic location in central Guadalupe, San José—only 200 meters from Banco Nacional.

Apartamentos Jare consists of two buildings featuring:

28 one-bedroom apartments
4 commercial units
9 car parking spaces
2 motorcycle parking spaces
922.14 m² of total land
1,819.28 m² of covered construction

Investment Performance

Approximate gross monthly income: 7,675,000
Gross annual income: 92,100,000
Estimated net operating income: $175,133 per year
Gross cap rate: 12%
Estimated net cap rate: 10.3%
Estimated investment recovery period: 9.7 years

All 28 apartments and 4 commercial units are currently rented and up to date, providing the new owner with immediate and verifiable cash flow from day one.

Property Features

Each apartment includes one bedroom with a closet, one full bathroom, a private laundry area, and an integrated living room, dining area, and kitchen.

The commercial units feature accessible bathrooms compliant with Costa Rica’s Law 7600 and metal security shutters on doors and windows.

Additional features include two electric gates, a security booth, surveillance cameras, independent access points, and ample parking areas.

The property has undergone significant recent improvements, including a completely replaced roof, interior and exterior painting, a remodeled main entrance, bathroom upgrades, new kitchen cabinetry in several apartments, and an updated video surveillance system.

Strategic Location in Guadalupe

Conveniently located near supermarkets, banks, shopping centers, universities, medical facilities, restaurants, government institutions, and public transportation to downtown San José.

This is a consolidated urban area with strong rental demand, excellent accessibility, and limited risk of vacancy.

An outstanding option for investors seeking immediate income, diversified revenue streams, high occupancy, competitive returns, and a turnkey asset requiring no major immediate investment.

Contact me for complete financial information, supporting documentation, or to schedule a private viewing.