5X ROI - Residential Development - Panama

Not Disclosed, Panama

Suburban, near city, beach and Intnl. Airport


Asking Price: Annual Revenue:
$900,000 $34,986,480

Commercial Real Estate: Multi-Family


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RE: 5X ROI - Residential Development - Panama Broker: Abdiel Basto
Owner Financing is Available!
On signing: $900,000 Sales/Purchase price: $3,292,600; including $900k Term: 5 years Rate: 0%.

Quick Facts

Asking Price: $900,000
Annual Revenue: $34,986,480
Net Profit: $6,986,270
Cash Flow: $10,718,390
Total Debt: $3,300,000
FF&E: Not Disclosed
Real Estate: $7,433,000
Year Established: 2008
Employees: 5
BBN Listing #: 273160377
Broker Reference #: Not Disclosed

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Business Overview:

-Fully Financed*
-As-Is $7.43M MAI certified on going mixed use suburban residential project + development & construction companies.
-Established brand name, banking and commercial relationships.
-New Product (condos) offering to maximize post Covid 19 market.
-Attracting Foreign Expats and local residents.
-Great location takes advantage of new infrastructure and ease of commuting.
+6M in sales to date.
-Management, operations and/or general, willing to stay for as long as needed.
-Small number of units to sell vs. market size.
-Increasingly active economic zone with factories being built all over opens doors to rental income opp.

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Property Features and Assets:

The property is being developed on +45 acres mountain side across a beautiful mountain range/national park only 35 mi outside Panama City and 1.5 hr drive from International airport. Beaches are only 17mi off and basic groceries 1mi; though plan includes commercial area for small convenience store and coffee shop. Health and school facilities all within 8-20 minute drive, respectively; as well as shopping malls. Main infrastructure already built with minimum additions and fixing needed. All services, water, internet, etc., in.

Market Competition and Expansion:

Direct competition by larger more dense developments closer to city as well as more dense beach oriented residential areas. Project's success guaranteed by lower cost of land as well as lower density in the era of Covid19. Potential to grow as neighboring land is available and we are in fast growing area with factories and distribution centers setting up nearby.

Reason for Selling:

Relocating

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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