This very well-maintained and profitable apartment building, located in one of Mérida’s chicest and most popular neighborhoods, is truly a great investment opportunity! The two-story, u-shaped construction includes four apartments and one office that can be easily transformed into another apartment. All units are currently rented long-term and it exists a waiting list with people interested in renting one of the bright and homely apartments. The attractiveness of the property is further increased by the possibility to build either two big or four smaller apartments on a currently unused part of the lot behind the left wing of the building. Professional plans for such a project are already available to the current owner and will be made available as a bonus as part of the sale.

Every apartment is approx. 130 m2 (1,399 ft2) in size and offers two bedrooms, each with a walk-in closet and two en-suite bathrooms. In addition, each apartment has a large, fully equipped kitchen with granite countertops, a dining area as well as a living room, and a laundry room. The office extends over two floors. It contains a reception desk and an office with half a bathroom downstairs and further office space upstairs.

All units are equipped with air-conditioners, ceiling fans as well as cedar wooden doors, high-quality tiled floors, aluminum windows with a wood look, and roller blinds. Furthermore, a separate independently refillable gas tank is part of the equipment of each individual apartment.

The u-shaped building was built around a wonderful mature broadleaf tree, which transforms the courtyard into a pleasant, green, and shady place to stay. The property is walled and gated in order to keep non-authorized people out. Free parking is available for up to seven cars on the property, in front of the gate.

FACTS

Year of construction｜2009
Year of latest renovation｜constantly
Alignment｜North-South

HIGHLIGHTS

1. PROFITABLE APARTMENT COMPLEX!
2. EXPANSION OPTIONS & FURTHER POTENTIAL
3. VERY WELL MAINTAINED
4. EXCELLENT LOCATION

HOUSE AND LOT

• 4 apartments with
  • 2 bedrooms with walk-in-closets
  • 2 complete bathrooms
  • Living room
  • Fully equipped kitchen with dining area
  • Laundry room
• Office unit with
  • Reception
  • 1 small office
  • 1 big office
  • 1 toilet
• Courtyard with tropical plants and trees
• Off-street parking for up to seven cars
• Walled and gated

FURTHER FEATURES

• Air-conditioners
• Ceiling fans
• High-quality tiled floors
• Cedar wooden doors
• Aluminum windows in a wood look
• Roller blinds
• City water
• Cistern
• Stationary gas tanks for every unit
• High-speed internet available

LOCATION

With its impressive big old mansions, wonderfully designed green parks, great tree population and complete amenities like hospitals, schools, etc. belongs García Ginerés definitely to the chicest and most popular neighborhoods in Mérida. Especially worth mentioning is Parque de Las Americas, the biggest and most beautiful park in the neighborhood of García Ginerés and so far, all over Mérida.

Its location northwest of Mérida’s historical center makes García Ginerés especially interesting for people who would like to live in a green and calm neighborhood, close to the historical center, with a good connection to the modern vibrant northern part.

The property itself is perfectly situated in a calm street two blocks away from the already mentioned pretty Parque de Las Americas. Just one block more in the direction of Parque de Las Americas and you reach Avenida Colón, which can be considered the backbone of the García Ginerés neighborhood. It has been a reference point for decades, not just in the city, but in the entire state. The avenue begins at the Miguel Hidalgo roundabout and ends at Paseo de Montejo. It is lined with many centenary trees and grand mansions. Its proximity to Mérida’s brand-new convention center, the main hotel zone as well as the area around the slow food market with its popular restaurants and cafes has brought it growing attention from both national and foreign visitors.

DRIVING DISTANCES FROM THE PROPERTY TO:

• Parque de Las Américas｜350 m (0.2 mi)｜1 min
• Parque La Ibérica｜850 m (0.5 mi)｜2 min
• Clínica Mérida｜250 m (0.2 mi)｜1 min
• Slow Food Market｜1.4 km (0.9 mi)｜3 min
• New mall Paseo 60｜1.7 km (1.06 mi)｜5 min
• Paseo Montejo｜1.9 km (1.2 mi)｜5 min

CONTACT

Thank you for your interest in our listing! If you have any further questions or would like to make an appointment to view this property, please do not hesitate to contact us!

René Jeremias

Phone/WhatsApp: +52 (999) 381 6286
VOIP worldwide: +49 (30) 6293 8046
Email: rene.jeremias@yps.mx

Jörg Rösener
Phone/WhatsApp: +52 (999) 242 7749
Email: jorg.rosener@yps.mx

DISCLAIMER: The information which appears with each listing is provided by the owner. Yucatan Property Scouts makes every effort to ensure the accuracy of this information but cannot be responsible for omissions or errors. Prices and exchange rates are subject to change.