$2,950,000
El Tule Boutique Development El Tule
- 5 Beds
- 6 Baths
- 3,631 Sqft
- Updated: June 23
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About the Property
Rare investor opportunity in the San Jose 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 l
Rare investor opportunity in the San Jose 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.
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Property type
House
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Year built
2023
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Price/sqft
$812
Features
- Pool
- Water View
- Terrace
- Mountain View
- Fire Pit
- Ocean View
- 3D Floor Plan
- 2D Floor Plan
- Gas Stovetop
Explore the Area
El Tule, Colonia del Sol, Baja California Sur, Mexico
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Listings
2024
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Last updated
June 23
First listed
Apr 20
Agent licence
Listing reference
26-1940
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