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Avenida Aguascalientes 2270 13 Unit Apartment Building $1,547,375 ($119,029/Unit) 6.50% Cap Rate Tijuana, BCN 22040

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INVESTMENT HIGHLIGHTS

  • LOCATION greatest value added area of the city.
  • 100% OCCUPANCY YEAR ROUND.
  • Renovated 2023.

EXECUTIVE SUMMARY

25% deposit, the rest within 60 days. This is a mixed-use multi-family building with 10 apartment units, as well as three large retail spaces on the first floor.

ATTACHMENTS

Property Listing

FINANCIAL SUMMARY (ACTUAL - 2022)

ANNUAL ANNUAL PER SF
Gross Rental Income $9,484 $0.18
Other Income - -
Vacancy Loss - -
Effective Gross Income $9,484 $0.18
Taxes $344 $0.01
Operating Expenses $821 $0.02
Total Expenses $1,165 $0.02
Net Operating Income $8,319 $0.16

FINANCIAL SUMMARY (ACTUAL - 2022)

Gross Rental Income
Annual $9,484
Annual Per SF $0.18
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $9,484
Annual Per SF $0.18
Taxes
Annual $344
Annual Per SF $0.01
Operating Expenses
Annual $821
Annual Per SF $0.02
Total Expenses
Annual $1,165
Annual Per SF $0.02
Net Operating Income
Annual $8,319
Annual Per SF $0.16

PROPERTY FACTS

Price $1,547,375
Price Per Unit $119,029
Sale Type Investment
Cap Rate 6.50%
No. Units 13
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Hi-Rise
Building Class B
Lot Size 0.11 AC
Building Size 53,615 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1996/2023
Parking Ratio 2.41/1,000 SF

AMENITIES

UNIT AMENITIES

  • Balcony
  • Security System
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Family Room
  • Smoke Free

SITE AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Gated
  • On-Site Retail
  • Smoke Free

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 13 $823.60 699 - 753
  • Listing ID: 29668956

  • Date on Market: 9/30/2023

  • Last Updated:

  • Address: Avenida Aguascalientes 2270, Tijuana, BCN 22040

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