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This is a superb deal for any investor! A turn key 32 Apartment Complex, situated only a few blocks from the Downtown area (Central) of Puerto Cortes, Honduras. There are 12 Normal sized apartments complete with bathrooms, and pilas, 12 Large Apartments with Bathroom, Kitchen areas, and pilas, and 7 Commercial locations each with its own Bathroom.
The rents range from 1300 Lempira to 3000 Lempira per month. This is a well established apartment complex with both new and stable tenants. The longest long term tenant is now at 20 years. The apartments are on city water and sewer, and the residential apartments are billed individually, (currently at L 115.20 per month). There is a large water tower (city water) that supplies the commercial locations (one bill). Each unit has its own electric meter, and each tenant is billed individually.
The water and electric bills are received in the onsite office, and the tenants pay the landlord/owner for their useage, and the landlord/owner then pays the bills. It is being handled in such a manner to maintain control, ensuring the bills are paid in full, in a timely manner.
The apartments are within walking distance of many pulperias, a large grocery store, gas stations,a bakery, the open market, the beach, and the Central. Also new roof was put on in 2011, and repairs and maintenance has been kept up on.
sanisidroaptshn/gmail for more info

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