APARTMENT BUILDING FOR SALE (4 units)

[dermotwa]

Welcome to Casa Pipila, a four-apartment building for sale in the center of Guanajuato City, a vibrant university town and UNESCO World Heritage Site that is rich with cultural opportunity and significance, and, to those looking to reside and invest in colonial-style homes, quickly becoming known as a more affordable alternative to the trendy San Miguel de Allende.

With renovations complete in 2018, the meshing of modern and colonial design elements has charmed Casa Pipila’s short- and long-term renters alike. Aside from the rooftop’s studio casita, an ideal unit for a property manager, the other apartments generate approximately $3,000USD / month. The top- and middle-floor units are two bed, two bath, and the lower unit is two bed, one bath. All units, filled with natural light, boast uninterrupted, panoramic mountain and city views. Outdoor space being rare in Guanajuato, this building stands out as the top three residences have individual balconies, and the lower unit adjoins the property’s three-tiered patio, which currently features guest storage and laundry services, as well as the potential to build a fifth apartment, as electricity and drainage have already been installed. Additional spaces include: a laundry room and full bathroom, both adjacent to the top apartment, and, accessible via its own entrance next to the middle apartment, a separate bedroom and bathroom.

For a complete photo gallery, please see the Craigslist advert below:
https://guanajuato.craigslist.com.mx/reo...g=en&cc=us

Key features:
Price: 420,000USD
Construction Size: Approximately 1100sf/102sm per floor, 4400sf/409sm for the entire building
Bedrooms: 8
Bathrooms: 7
View: city, mountains, Pipila
Furnished: optional
Parking: Consistent with the layout of the city, where the majority of roads are in underground tunnels and the streets are narrow, the property does not feature private parking. Parking is available for rent by the Pipila Statue or El Tinaco Del Pipila, which are two to five minutes away.