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Here is an opportunity for an investor looking to purchase a value added property steps away from the University of Belize.
Located on St. John’s Street in Belmopan sits this Apartment Building + Café on a fully-fenced 79 ft. (24.08m) x 119 ft. (36.27m) lot with a gate and walkway. Belmopan, the capital of Belize, is developing tremendously with improvements seen all around including St. John’s Street.
The ground floor offers 2,820 sq. ft. with six 1 bed / 1 bath apartments. There is also a café which is an added benefit to the tenants and surrounding neighborhood.
This property is perfect for students studying at the university as well as single workers (or couples) who either commute to Belmopan for work or someone looking for a modest, safe and reasonable apartment of their own.
The top floor is accessed by an external stairway located at the building’s rear and comprises 2,132 sq. ft. with an outside verandah. The space is unfinished allowing its new owner the opportunity to finish at his / her own design whether it be more apartments or a large residential flat.
Belmopan will only continue to grow as time passes, safely presuming the demand for rentals will also increase along with it. This complex is perfectly positioned within the growing business of Belmopan and provides its new owner with an excellent investment opportunity with rental income and long-term tenancy.
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