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21 & 22 Fremont, Las Conchas

Puerto Penasco, MX
  • $189,500
  • STATUS: Active
  • ON SITE: 152 Days
  • MLS #: 23-672
UPDATED: 72 min ago
$189,500
  • 0
    BEDS
  • 0.03
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,150
    SQFT
  • $165
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2007
Area:

School Ratings & Info

Description

This incredible investment opportunity is perfectly placed in the Mision Del Mar Plaza right outside of the prestigious Las Conchas seaside community at the intersection of two major high traffic thoroughfares. The cozy and modern colonial style commercial mall features 52 commercial suites with assorted shops and restaurants. As an investment, it boasts over an 8% cap rate. (Yearly return on initial investment). It nets $16,200 USD annual rent income after POA expenses of $150 USD monthly. Property taxes yearly are only $74 dollars annually. It's pure profit! It currently has a great, stable, long-term tenant who has occupied the space since 2015 and is willing to renew after their current lease expires in Dec 2024. This is PASSIVE INCOME AT IT'S BEST! DON'T MISS THIS OPPORTUNITY!

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© 2023 Multiple Listing Service Puerto Penasco, A.C. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Costa del Mar. Data last updated: 2023-12-10T20:52:54.41.
www.remaxcostadelmar.mx/homes/141352593
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21 & 22 Fremont, Las Conchas Puerto Penasco, MX

  • Price: $189,500
  • Status: Active
  • On Site: 152 Days
  • Updated: 72 min ago
  • MLS #: 23-672
0
Beds
1
Baths
0
½ Baths
0.03
Acres
1,150
SQFT
$165
$/SQFT
2007
Built
Neighborhood:
Mision Del Mar
Area:
Las Conchas
Property Description
This incredible investment opportunity is perfectly placed in the Mision Del Mar Plaza right outside of the prestigious Las Conchas seaside community at the intersection of two major high traffic thoroughfares. The cozy and modern colonial style commercial mall features 52 commercial suites with assorted shops and restaurants. As an investment, it boasts over an 8% cap rate. (Yearly return on initial investment). It nets $16,200 USD annual rent income after POA expenses of $150 USD monthly. Property taxes yearly are only $74 dollars annually. It's pure profit! It currently has a great, stable, long-term tenant who has occupied the space since 2015 and is willing to renew after their current lease expires in Dec 2024. This is PASSIVE INCOME AT IT'S BEST! DON'T MISS THIS OPPORTUNITY!
Exterior Features

Construction Cion Block Lot Dimensions 10.375 X 10.3 Lot Info View Paved Street Roof Techo Rolled Roof Techo Other Corrugated Metal

Interior Features

Ac Refrigeracion CentralZone Floor Coverings Pisos Carpet Heating Calefaccion Heat Pump Total Rooms 5 Window Coverings None

Property Features

Building Name Or Number Plaza Mision Del Mar Colonia None Electricity Cfe Financing Owner Miscellaneous Wheel Chair Accessib Ownership Propiedad How Is Title Held Mexican Corporation Sewer Drenaje Septic Tax Info Impuestos Taxes 74.00 Tax Year 2023 Taxes 74.00 Terms Cash Water Agua City

Listing provided by Keller Williams Rocky Point: (480) 478-4784.


© 2023 Multiple Listing Service Puerto Penasco, A.C. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Costa del Mar. Data last updated: 2023-12-10T20:52:54.41.
 
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Av Sinaloa, Esquina Margaritas
Puerto Peñasco MX, 83550