MLS # 26-1940

El Tule Boutique Development

724.3 m2
5
6

$2,950,000.00 USD

Rare investor opportunity in the San José Corridor. 2 luxury residences fully completed and move-in ready. 8 additional units with land secured and full blueprints in place -- ready to build to buyer's vision. At $2,950,000 for all 10 units, entry is $295K/key. Three exit strategies: complete & sell ($8.5M+ projected revenue, 183% net ROI), operate as STR portfolio (15.6% annual net ROI), or live in the completed units and build the remaining 8 via presales. ICF construction, private pool per unit, rooftop terraces with ocean views, 24kW generator, LG VRF A/C. Seller motivated, open to advising buyer. Seller financing available. Price negotiable.

Listing Details

Address
  • Property Name El Tule Boutique Development

General Description
  • Construction Completed

  • Seller Financing Offered? Yes

  • Financing Cash/Efectivo

  • Lot M2 1900

  • Total M2 724.55

  • AC M2 337.38

  • AC SqFt 3630.21

  • Primary View Ocean

  • Decks/Patios M2 387.17

  • Secondary View Mountain

  • Decks/Patios SqFt 4165.95

  • Community El Tule-Inland

  • Mstr Plan Community Yes

  • Style Multiple Levels

  • Furnished Furnished

  • Garage Stalls 2

Connectivity
  • Internet Infinitum

Devices
  • Air Conditioning Central

Const.
  • Construction Type Insulated Foam Concrete

  • Flooring Types Other

Water
  • Muni 1

Additional Information
  • AmenitiesBar, BBQ Area, Deck, Fire Pit, Fireplaces, Hot Tub/Jacuzzi, Patio, Pool, Pool Heater, Second Kitchen, Storage Area, Terrace

  • Road TypePaved

  • Common AmenitiesGated, Guarded

  • TitleFideicomiso

  • AppliancesClothes Dryer, Clothes Washer, Dishwasher, Freezer, Oven, Range, Wine Fridge

  • ElectricityCFE, Generator

  • SewageMuni

  • How To ShowBy Appointment Only

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