15 Apartment Units for Sale in Revolucion 1910, Centro, Cabo San Lucas, Baja California Sur, Mexico

15 Apartment Units Available in Great Location

15 1bed 1bath bread and butter units located only a few blocks from the Tourist Zone of Cabo San Lucas. This area is always in demand as renters can walk to town and avoid traffic and taxi hassles which now plague Cabo. 12 of the units are located in one, two-story building and the other 3 units are located around the corner and are individual condos. The 12 unit building is ten years old, has separate electric meters and 1 water meter. All units are furnished and include bedroom closets, shower, 2 burner electric stoves, fridge, kitchen cabinets, electric hot water heaters and window a/c. All units are in good to excellent condition. The exterior of the building needs paint and the garden area needs TLC. The other 3 condo units have just been remodeled and are in excellent condition featuring new everything plus mini-split a/c in both rooms. The condos are located in a building which is also 10 years old and is in very good condition. The neighborhood is family oriented with sfr's, a small university and church with basketball courts nearby. The walk from the units to CaboWabo is approx 5 minutes. Cash flows at slightly over 6k/month as is. There will be tons of upside as market recovers. All cash or OWC with 50% down, 10 years at 6.5% int or roughly $4500/month. PRINCIPALS OWNLY PLEASE!! These units are being offered by the original owner.