S8 L69-89 Las Conchas Cottages, Puerto Penasco, Las Conchas -

$950,000
9
BD
7
BA
3,680
SqFt

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List Price
$950,000
Status
ACTIVE
Price Change
▼ $49,000 1790997399
MLS#
25-1496
Year Built
1990
Bedrooms
9
Bathrooms
7
Full Baths
7
Living Area
3,680
Building Name
.

Property Description

INVESTMENT OPPORTUNITY in Las Conchas! Las Conchas Cottages is a rare five-home compound on two lots, second row from the beach with beach access and located at the entrance to Las Conchas. The compound includes two 3-bedroom, 2-bath homes, two 1-bedroom casitas and a studio, totaling 7 bedrooms, plus a pool and 4 individual garages. Currently operating as an Airbnb, the property rents for approximately $1,500 per weekend when booked. A new owner can continue the vacation-rental model or explore retreats, senior living, long-term rentals, or a combination of uses. Offered at $950,000 with seller financing available with 50% down ($475,000) and a term of up to 4 years to pay off the balance. Conveniently located near Walmart, restaurants, coffee shops, banks, the Malecon, beach bars & more.

Additional Information

Taxes
$400
HOA Fee
$250
HOA Freqency
Monthly
Financing
Owner
Appliances
Dryer, Washer, Oven/Stove, Refrigerator
Heating
Forced Air Elec
Air Conditioning
Central, Wall
Stories
1
Roof
Built Up, Tile
Garage Spaces
4

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Calculator source: Real Geeks

Listing courtesy of Vida Playa Lifestyle.