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Boutique Living in Escazú - 6-Unit Apartment Building, 100% Occupied, For Sale

Escazu, San Jose

Sold

ID: 26020

Property Status:

Sold
  • Bed 6 Bed
  • Bath 6 Bath
  • Acres 0.15 Acres
  • floor 10,226 Floor Area (SQ M) (sqft)
  • built Built 1991
ID: 26020

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agent

Listed by

Eduardo Calzada Ramirez

Coldwell Banker Santa Ana Real Estate

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Location: Escazu, San Jose

Business Potential – Boutique Living, 6 Units (2 & 3 Bedrooms), 100% Occupied ID26020This boutique apartment building is strategically positioned within a consolidated, high-value market. Its location combines residential tranquility with immediate proximity to commercial, financial, and service hubs, making it highly attractive to the middle-class rental segment seeking accessibility and quality of life. Location & Accessibility: - Surrounded by shopping centers, offices, and essenti…Read More
Business Potential – Boutique Living, 6 Units (2 & 3 Bedrooms), 100% Occupied ID26020

This boutique apartment building is strategically positioned within a consolidated, high-value market. Its location combines residential tranquility with immediate proximity to commercial, financial, and service hubs, making it highly attractive to the middle-class rental segment seeking accessibility and quality of life.

Location & Accessibility:
- Surrounded by shopping centers, offices, and essential services.
- Direct connectivity to the capital city and major highways.
- Situated in a high-demand rental area, ensuring full occupancy and stable returns.

Market Perspective:
The 100% occupancy rate demonstrates strong and sustained demand from the middle-class segment. This tenant profile values practical, well-located housing solutions, positioning the asset as a reliable income generator.

Growth Opportunities:
- Internal subdivision: Potential to reconfigure larger units into smaller apartments, increasing rental density and maximizing yield per square meter.
- External expansion: Option to acquire the adjacent property, enabling growth to up to 14 units and enhancing parking capacity.
-Scalability: The asset can evolve into a higher-standard boutique project or even a luxury redevelopment, depending on the investor’s strategy.

Conclusion:
This property is more than a boutique building with full occupancy—it is a strategic financial asset that combines immediate stability with future expansion and appreciation potential. For investors, it represents an opportunity to transform secure cash flow into a scalable, high-return project. …Read Less

Location

Escazu, San Jose, Costa Rica

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agent

Listed by

Eduardo Calzada Ramirez

Coldwell Banker Santa Ana Real Estate

Contact Agents

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Marketed by

Ask a question

Fill out the form below and we will be in touch

agent

Listed by

Eduardo Calzada Ramirez

Coldwell Banker Santa Ana Real Estate

Contact Agents

Fill out the form below and we will be in touch

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