$ 450,000.00

Features
  • Bedrooms: 14
  • Bathrooms: 14
Address

calle 6ta rio abajo, Panama - Rio Abajo, Panamá

This property has been viewed 246 times.

Description

SEFF Mixed-use property with commercial spaces and apartments. High profitability. RM1C2 zoning.


Located on Calle Sexta, Río Abajo, in a quiet cul-de-sac, just 50 meters from Vía España, this property is a prime investment opportunity for those seeking a safe, income-generating asset with strong appreciation potential.


Close to the Casa de Justicia y Paz, Río Abajo Health Center, and the Adventist Church, it combines accessibility with a peaceful residential atmosphere.


Executive Investment Analysis: Río Abajo, Calle Sexta
Exact Location: Río Abajo, Calle Sexta.
Asset: 13 studio apartments ($350 each) and 3 commercial units ($700 each).
Sale Price: $450,000
Gross Monthly Income (Mixed): $6,650
Net Operating Income (NOI) Annual: $59,850
(Based on 25% operating expenses).
Exact Capitalization Rate (Cap Rate): 13.30%


Built on 853 m² of land with RM1C2 zoning, the property features:




  • 13 independent studio apartments, each with bathroom, kitchen, and bedroom.




  • 3 commercial spaces, each with private bathroom.




  • Private parking area for clients.




  • Year built: 1966.




This versatile property offers immediate income potential or can be redeveloped into a modern mixed-use project.


Ideal for:




  • Strategic investors seeking consistent rental income.




  • Real estate developers and promoters.




  • Institutional investors and REITs.




  • Entrepreneurs looking for a live-work property.




Area highlights:
Río Abajo is experiencing rapid urban renewal, with steady value growth per m² thanks to its proximity to Vía España, the financial district, and public transportation.
The neighborhood offers medical, educational, and retail services, making it an excellent location for medium- and long-term investment.


Sale price: $450.000
Location: Calle Sexta, Río Abajo, Panama City (cul-de-sac)


Contact us today to schedule a viewing or request more details. This is your opportunity to own a high-yield property in one of Panama City’s most promising areas.


Overview
  • ID: 003244147016
  • Property type: Business
  • Bedrooms: 14
  • Bathrooms: 14
  • Stories/Floor: 1
  • Lot size: 853.00 Sq. Mt.
  • Year built: 1966
LISTING DETAILS
Listing ID:
003244147016
Property type:
Business
Contract type:
For Sale
Price:
$ 450,000.00
Bathrooms:
14
Bedrooms:
14
Stories/Floor:
1
Garage capacity:
4
Year built:
1966
Construction size:
0.00 Sq. Mt.
Lot size:
853.00 Sq. Mt. - 9,181.61 Sq Ft.
Features
  • Pre-owned
  • Garage open
Map
  • Address
    calle 6ta rio abajo, Panama - Rio Abajo, Panamá
Contact information
avatar
Angela Barragan
RE/MAX MILLENIUM - Life Real Estate Panama S.A. PJ 1361-2021