Mixed-Use Property with Commercial Spaces and Apartments for Sale
Executive Investment Analysis: Río Abajo, Calle Sexta
This mixed-use property, featuring commercial spaces and apartments, offers high profitability and is an excellent investment opportunity.
Zoning: RM1C2.
Return on Investment (ROI): 13.30%.
Sale Price: $450,000.
Location and Details
Located on Calle Sexta in Río Abajo, this property is situated on a quiet, dead-end street, just 50 meters from Vía España. This combination of accessibility and a tranquil residential setting makes it a secure, income-generating asset with strong appreciation potential.
The property is close to the Casa de Justicia y Paz, the Río Abajo Health Center, and the Adventist Church.
Financial Summary
Location: Río Abajo, Calle Sexta.
Asset: 13 studio apartments ($350 each) and 3 commercial spaces ($700 each).
Monthly Gross Income (Mixed): $6,650.
Annual Net Operating Income (NOI): $59,850 (Based on 25% operating expenses).
Return on Investment (ROI): 13.30%.
Property Features
Built in 1966 on 853 m² of land with RM1C2 zoning, the property includes:
13 independent studio apartments, each with a private bathroom, kitchen, and bedroom area.
3 commercial spaces, each with a private bathroom.
Private parking area for customers.
This versatile property offers the potential for immediate income or can be transformed into a modern mixed-use project.
Ideal For
Strategic investors seeking consistent rental income.
Developers and real estate promoters.
Institutional investors and REITs.
Entrepreneurs looking for a live-and-work property.
Area Highlights
Río Abajo is undergoing rapid urban renewal, showing steady growth in value per square meter due to its proximity to Vía España, the Financial District, and public transportation. The neighborhood offers medical, educational, and commercial services, making it an excellent location for medium and long-term investment.
Contact
Sale Price: $450,000
Location: Calle Sexta, Río Abajo, Panama City (dead-end street)
Contact us today to schedule a visit or request more details. This is your opportunity to acquire a high-yield property in one of the most promising areas of Panama City.
Angela Barragán
