Asking Price: $699,900 Gross Revenue: Not DisclosedNet Operating Income: Not DisclosedFF&E: Not Disclosed Building Sq. Ft.: Not DisclosedPrice/Sq. Ft.: Not DisclosedShare this business:
Explanation of Financial Terms
The total asking price of the property for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Net Operating Income
Net Operating income (NOI) equals operating revenue less operating expenses.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
Suggested Opening Bid: $50,000
Included in this sale are 4 one bedroom units, 5 studio units, and one office for a manager. The one bedroom units sleep 4-6 people, the studio units sleep 2 people, and the office will sleep, 1 person. All units have 1 bathroom.
Some features include views of the ocean & town, balconies & patios, full kitchens, and much more. Each unit has new air conditioners and refrigerators, with each having a modem & router (up to 30mbps of wi-fi speed).
All condos carry a tax exemption, ten years remaining. The office manager has been with Bocas Condos the last 4 years and is willing to remain on to train up to 6-months.
ATTENTION: All condo units are available to be purchased individually. See full listing for details.
Property May Sell Prior to Auction
About the Property
Other Business Real Estate
10 Condo Units including 4 one bedroom units (sleeps up to 6 people), 5 studio units (sleeps up to 2 people), and one office for a manager.
Units are furnished and turnkey. New refrigerators and AC units. Wifi with modem & router (up to 30mbps of wifi speed)
Property is located in Bocas del Toro, Panama and is within walking distance of beaches, restaurants, shopping, and the Bocas del Toro International Airport.
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