Apartment Building in García Ginerés with Immediate Return

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ID: EB-VP3425
Published
$4,200,000 MXN
For Sale

Apartment Building in García Ginerés with Immediate Return

Building in Garcia Gineres, Mérida

GS Capital Brokers
GS Capital Brokers
3 parking spaces
340.11 m² total space
250 m² Lot Size
Number of Floors in the Building: 3
Description

Apartment Building for Sale in García Ginerés | High-Return Investment Opportunity

Located in one of the most central and well-established areas of Mérida, with immediate connectivity to Parque de las Américas, clinics, hospitals, main avenues, and just minutes from Paseo de Montejo.

Property Overview

3 apartments, each featuring:
-Living room
-Dining area
-Kitchen
-Full bathroom
-Two bedrooms

Additional features:

Three independent storage units located at the rear of the building, ideal for individual tenant use or operational storage
Investment Metrics
Estimated rent: $10,000 MXN per unit
Projected monthly income: $30,000 MXN
Estimated annual income: $360,000 MXN
Asking Price: $4,200,000 MXN
Estimated ROI: ~8.5% annually

Turnkey property ready to generate immediate cash flow in a high-demand location.

💳 Payment Terms
Reservation deposit: $50,000 MXN
Down payment: 20% of the total price
Balance due upon closing / deed signing
Accepted payment methods: Cash and bank financing
Important Notice

The listed price does not include notary fees, appraisal, or acquisition taxes. These costs will vary depending on the type of financing and notarial fees and should be verified directly with the sales advisors, in accordance with NOM-247-SE-2022 regulations.

Amenities
Exterior
  • Balcony
  • Street parking
  • Terrace
  • General
  • Kitchen
  • Ground floor bedroom
  • Policies
  • Pets allowed
  • Location
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    1, Garcia Gineres, Mérida, Yucatán

    GS Capital Brokers
    GS Capital Brokers
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