Property Information

 

The profitable Apartment/Aparthotel property runs a city block long and is adjacent to the presently under-construction Distrito Quatro (District Four Escazu) project in Guachipelin, Escazu. District Four Escazu is presently the largest on-going construction project in Escazu and will construct Condos, Corporate Center Buildings, Spa and Health Club, along with vast retail shopping galleries and eateries which will be anchored by the Auto Mercado Supermarket, Costa Rica's largest supermarket chain.

 Hotels adjacent to large shopping centers and restaurants are no longer trendy, rather a necessity. This Aparthotel will be the ONLY hotel in the area adjacent to this enormous Corporate Center/Mall. The apartments generate its revenues by leasing short-term to business people, tourists, re-locators, and medical/dental vacationers year round, and is not seasonal-business dependent. The apartotel has established a loyal client base over 3 years. The property and business offer an opportunity for an excellent high yield return for an investor.

Besides being next to Distrito Quatro (District Four Escazu) the property in within walking distance to Multiplaza and 1 km of Hospital Cima.

 

Characteristics:

• 12 apts (easily expandable to 16)
• 19 bathrooms 
• Water tank- 2,500 gallons 
• Electric, alarmed protection fence
• Remote electric gate for rear parking lot
• Parking for 13 cars (Front + Back)
• Surveillance cameras throughout- property internal and external
• A/C in every unit
• Electronic computer card locks on all doors
• Internet cable to all apts + WIFI throughout Restaurant (presently leased) 
• Cable television to all apartments
• Employee bathrooms + showers
• Individual breaker boxes in each unit
• Atrium area + fountain in rear and front lobbies
• Exquisite detail in all fully-equipped apartments
• Three Septic tanks 
• Guard stations in front and rear
• Property has its own electric transformer
• Two external hanging signs
• Pump and utility room
• Laundry area for guests/tenants
• Employee dining area
• Server room + PBX + voice mail system
• Electronic security safes in every room
• Stable on-demand water heaters in each unit
• Concrete floors throughout, covered with porcelain tile

 

Property Features

Status: Available

No furniture

12 total bedroom(s)

19 full bathroom(s) and 0 half bathroom(s)

13 covered parking space(s)

Approximately 15,715 Sq Feet Lot

Approximately 15,393 Sq Feet Building