Apartment Complex in Cancelada

Mixed-Use Investment Property for Sale: Fully Leased Apartment Building with Rooftop Pool, Solar Panels, Underground Parking, and Street-Level Commercial Units

This is a rare opportunity to acquire a fully leased, income-producing mixed-use building designed for stable rental performance and long-term capital appreciation. The property is purpose-built to meet the demands of modern urban living and retail, offering diversified rental income streams from residential apartments and street-level commercial premises. With a proven rental track record and reported rentability of approximately 6%, this asset is ideal for investors seeking steady cash flow, strong tenant appeal, and sustainability-forward features that can reduce operating costs and enhance marketability.

The building comprises 11 well-configured apartments supported by underground parking and dedicated storage rooms for each residential unit. Complementing the residential mix are three highly visible commercial units totaling about 400 square meters (approximately 400 m²), offering flexibility for retail, service, showroom, or office tenants depending on local regulations and market demand. At the top of the property, residents enjoy access to a rooftop terrace featuring a swimming pool, while the building’s solar panels contribute to reduced energy consumption and improved operational efficiency.

Whether you are expanding a multi-family portfolio, seeking a defensive mixed-use asset, or reallocating capital into a resilient, low-vacancy property, this building’s balanced unit mix, amenities, and green features make it an exceptional investment proposition.

At-a-Glance Highlights

• Fully leased mixed-use building generating approximately 6% rentability (yield), based on current tenancy.
• Total of 11 residential apartments across a thoughtfully planned layout.
• Residential mix includes 4 apartments with 2 bedrooms and 2 bathrooms, 5 one-bedroom lofts, and 2 apartments with 3 bedrooms and 2 bathrooms.
• Three street-level commercial units totaling approximately 400 m² for diversified income.
• Rooftop terrace with a swimming pool, offering lifestyle appeal and competitive differentiation.
• Solar panels installed to support energy efficiency and potentially lower common-area electricity costs.
• Each apartment benefits from an underground parking space and a private storage room.
• Turnkey, low-vacancy asset with immediate in-place cash flow and no downtime expected at acquisition.

Unit Mix and Layout

The building is designed to serve a broad cross-section of the rental market through a balanced and in-demand unit mix. This thoughtfully curated distribution enhances leasing velocity and mitigates vacancy risk by appealing to singles, couples, families, and professionals seeking different layouts and sizes.

• 4 x Two-Bedroom, Two-Bathroom Apartments: These homes suit small families, professionals working from home, or co-living arrangements. Two bathrooms significantly improve livability and rental appeal, especially for larger households or roommates sharing space.
• 5 x One-Bedroom Lofts: Modern loft-style units are favored among young professionals and couples who value efficient layouts, contemporary design, and lower absolute rent levels. They are strong performers in dense urban markets with high demand for compact, well-located housing.
• 2 x Three-Bedroom, Two-Bathroom Apartments: Larger family-sized residences are a scarce and sought-after segment in many cities. Offering two bathrooms supports family functionality and drives premium occupancy from tenants who want ample space without moving to the suburbs.

This balanced mix not only maximizes occupancy from varied tenant demographics but also supports resilient rent growth by distributing exposure across multiple unit types. The presence of both compact lofts and family-sized apartments allows the building to capture demand across shifting market cycles.

Apartment Features and Tenant Appeal

Every apartment includes an underground parking space and a private storage room—two features that significantly increase rental desirability and lease longevity. In dense urban contexts, secure parking is a premium amenity that reduces tenant turnover and broadens the pool of prospective renters. Storage rooms provide much-needed space for seasonal items, sports equipment, or business-related materials for work-from-home residents.

Layout efficiency and functionality are at the core of the building’s residential design. Two-bathroom homes support modern living patterns for families and roommates alike, while one-bedroom lofts offer flexible, open-plan living favored by singles and young couples. Taken together, the unit mix presents a compelling case for consistent occupancy and stable rental income.

Rooftop Terrace with Swimming Pool

The rooftop terrace and swimming pool elevate the property’s market positioning, offering a lifestyle amenity that differentiates it from competing rentals. Rooftop pools are consistently among the most requested features in urban multifamily buildings, enhancing tenant satisfaction and helping to justify premium rents. Beyond leisure, the terrace functions as a community gathering space for residents, fostering a sense of place and improving tenant retention.

Solar Panels and Sustainability Features

The building incorporates solar panels on or near the rooftop terrace, a strategic inclusion aimed at improving energy efficiency and reducing operating costs. Depending on local regulations and system configuration, solar generation can offset common-area electricity usage and, in some cases, support shared energy programs. Sustainable components such as solar arrays are increasingly important to residents and investors alike, supporting environmental goals and demonstrating operational stewardship.

From an investment standpoint, green features can contribute to lower expense ratios over the long term and may confer reputational benefits when marketing the property to eco-conscious tenants. Additionally, sustainability-focused improvements often align with public policy incentives or utility programs in many jurisdictions, further enhancing the financial profile. Prospective buyers should review the solar system’s specifications, maintenance records, and any applicable warranties to quantify savings and verify transferability at closing.

Commercial Premises: 3 Street-Level Units Totalling Approximately 400 m²

The property includes three ground-floor commercial units, together measuring about 400 square meters. This retail or service-oriented frontage adds a valuable income stream and helps diversify revenue beyond residential leases. Visibility at street level can attract stable tenants such as boutiques, professional service providers, specialty groceries, studios, or neighborhood-serving businesses, subject to local zoning and licensing.

Diversified income is a key advantage for mixed-use assets. While residential rents tend to provide stable occupancy, commercial units can generate higher rents per square meter, especially in high-footfall corridors. Effective tenant curation, thoughtful signage (as permitted), and proactive leasing strategies can continue to maximize returns while maintaining a harmonious tenant mix that complements residents’ daily needs.

Parking and Storage: Essential Conveniences that Drive Occupancy

Each apartment includes an underground parking space and a dedicated storage room, a combination that differentiates the property and enhances tenant satisfaction. In urban environments, the availability of secure parking reduces a major friction point for car-owning households. Storage rooms add day-to-day practicality and allow residents to live more comfortably in apartments without sacrificing space for essentials.

For investors, these amenities translate into robust demand, fewer days on market during turnover, and potentially lower marketing costs. They also support the prospect of premium achievable rents compared to comparable properties without similar conveniences.

Income and Investment Performance

The building is fully rented and currently generates an estimated rentability (yield) of around 6% based on existing leases. This in-place income stream delivers immediate cash flow from day one, reducing the uncertainty and carrying costs associated with lease-up periods. Because the income is diversified across residential and commercial tenants, the property’s revenue profile is comparatively resilient.

Investors should review the rent roll, lease terms, escalation clauses, and deposit registers to confirm the rental schedule and the duration of income security. Understanding lease maturities and notice periods will help forecast future cash flows, especially when planning for incremental value-add initiatives upon renewals or tenant turnover.

In many urban markets, diversified mixed-use buildings exhibit stable performance during different economic cycles. Residential demand remains resilient thanks to ongoing urbanization and household formation, while well-positioned commercial spaces benefit from proximity to a built-in residential customer base. This synergy supports long-term rent growth potential while reducing reliance on any single tenant profile.

Tenant Demand and Market Positioning

The combination of family-friendly homes, efficient lofts, and lifestyle amenities positions the building favorably in the rental marketplace. Two- and three-bedroom apartments attract households seeking space and convenience, while one-bedroom lofts appeal to professionals prioritizing location and design. The rooftop pool and practical conveniences (parking and storage) strengthen the property’s competitive edge and help sustain a steady pipeline of qualified tenants.

From a marketing perspective, the property aligns with key renter preferences: convenience, comfort, and community. As a fully leased asset, it also demonstrates proven demand and operational stability—key factors that de-risk the acquisition for incoming owners.

Operations, Maintenance, and Asset Management

Operational efficiency is central to maximizing net operating income and preserving asset value. Prospective buyers can benefit from reviewing recent maintenance logs, service contracts, and any warranties associated with building systems and the solar array. Establishing a preventive maintenance schedule for common areas, the pool, and mechanical equipment will help minimize unplanned downtime and capital shocks.

For ongoing management, consider streamlined communication channels for tenants, clear house rules, and a responsive maintenance protocol. These practices support tenant satisfaction and retention, which in turn reduce turnover costs and vacancies. Where permitted, digital rent collection and online maintenance requests can further optimize operations.

Value-Add and Upside Opportunities

• Rent Optimization at Renewal: As leases roll, measured adjustments aligned with market comparables can gradually lift gross income while retaining quality tenants.
• Amenity Programming: Community-oriented events or resident services can enhance engagement and boost renewal rates, especially in buildings with shared amenities like a rooftop terrace.
• Energy Efficiency Enhancements: Building on the installed solar panels, consider additional energy-saving measures and smart metering (where feasible) to reduce common-area expenses.
• Commercial Tenant Mix: Curating complementary retail or services can improve the building’s profile and potentially increase foot traffic, supporting long-term commercial rent stability.
• Branding and Positioning: Professional photography, clear building identity, and updated marketing materials can differentiate the property in a competitive leasing landscape.

All value-add strategies should be evaluated in line with local regulations, lease covenants, and the existing tenant mix to ensure compliance and maintain strong tenant relationships.

Location Advantages and Urban Context

While specific address details are not provided here, the building’s composition and strong occupancy indicate it sits within a desirable urban or near-urban area. Mixed-use assets with residential units above street-level commercial typically benefit from proximity to transit, employment nodes, schools, and daily retail needs. These fundamentals underpin rental demand for both residents and businesses.

From an investor’s viewpoint, location resilience comes from multiple demand drivers: commuter connectivity, neighborhood vibrancy, and access to amenities. Even as market cycles shift, properties embedded in amenity-rich environments tend to retain occupancy and pricing power, reinforcing the building’s long-term investment thesis.

Risk Management and Due Diligence Checklist

To validate performance and mitigate acquisition risk, a thorough due diligence review is recommended. Key items typically include:

• Comprehensive rent roll with tenant names redacted as necessary for privacy, including lease start and end dates, escalations, and deposits.
• Copies of all residential and commercial lease agreements and any amendments or side letters.
• Evidence of rent collections, arrears history, and vacancy data for at least the prior 12–24 months.
• Service and maintenance logs for building systems, the swimming pool, and solar panels, plus relevant warranties.
• Utility bills and common-area cost breakdowns to assess operating expense ratios and solar offsets.
• Permits, compliance certificates, and insurance policies, including coverage specifics for the pool and rooftop areas.
• Capital expenditure history and a forward-looking CapEx plan for system upgrades or lifecycle replacements.
• Zoning and use confirmations for the commercial premises, including signage rights where applicable.
• Fire, safety, and accessibility compliance documentation aligned with local regulations.
• Environmental and structural assessments as advisable per local practice and lender requirements.

Who Should Consider This Asset

• Private investors and family offices seeking stable, cash-flowing real estate with tangible upside potential.
• Institutional investors and funds expanding mixed-use or multifamily portfolios in strong demand corridors.
• Buyers targeting energy-efficient properties and ESG-aligned assets with sustainability features like solar panels.
• Long-term holders prioritizing tenant retention, resilient income, and diversified exposure across residential and commercial tenants.

Frequently Asked Questions

• What is the current occupancy? The building is fully rented, with both residential units and commercial premises leased to tenants.
• What is the reported yield? The asset is currently generating an estimated rentability of approximately 6% based on existing leases. Buyers should verify whether this figure reflects gross or net yield during due diligence.
• How many residential units are included? In total, there are 11 apartments: 4 with two bedrooms and two bathrooms, 5 one-bedroom lofts, and 2 with three bedrooms and two bathrooms.
• What commercial space is included? Three street-level commercial units totaling around 400 m², suitable for retail or service uses subject to local zoning.
• Is parking available? Yes. Each apartment includes an underground parking space, contributing to tenant satisfaction and strong leasing performance.
• Is storage included? Yes. Every apartment comes with a private storage room, enhancing daily convenience and long-term tenant retention.
• What amenities are on-site? Residents enjoy a rooftop terrace with a swimming pool. The building also features solar panels that support energy efficiency and potentially lower common-area energy costs.
• Are there sustainability features? Yes. Solar panels are installed, and prospective buyers can review performance data and maintenance history to quantify savings.
• What documents will be provided during due diligence? Typical packages include rent rolls, leases, maintenance records, permits, warranties, utility statements, and insurance information, among others.
• Is there immediate upside? Potential upside may come from measured rent optimization at renewal, amenity programming, and continued efficiency improvements, subject to regulation and lease terms.

Acquisition Process and Next Steps

Prospective purchasers are encouraged to follow a structured acquisition process to ensure a seamless transaction and comprehensive risk review. The following steps outline a typical path from interest to closing:

• Initial Inquiry: Express interest and request the preliminary information package, including a high-level rent roll and an overview of tenancy terms.
• Confidentiality Agreement: Execute a standard non-disclosure agreement as required to access detailed documentation and sensitive financial records.
• Document Review: Evaluate the full data room, including leases, expense statements, maintenance logs, permits, and solar system details.
• Property Tour: Schedule an on-site visit to review common areas, the rooftop terrace and pool, parking facilities, storage rooms, and commercial frontages.
• Offer Submission: Present a non-binding letter of intent outlining price, timing, contingencies, and proof of funds or financing approach.
• Due Diligence: Upon acceptance, conduct a thorough review covering legal, financial, technical, and environmental aspects, in coordination with advisors and lenders.
• Final Negotiations and Contract: Enter into a purchase agreement reflecting agreed terms, representations, warranties, and closing conditions.
• Closing and Transition: Complete escrow, transfer deposits and documents, and coordinate tenant notifications and property management handover.

Depending on jurisdiction, exact steps and timelines may vary. Engaging experienced legal counsel, a reputable property manager, and qualified technical consultants can help streamline the process and protect your investment.

Competitive Advantages That Set This Building Apart

• Turnkey Income: Fully leased at acquisition, delivering immediate and predictable cash flow.
• Diversified Revenue: Balanced mix of residential apartments and commercial units totaling about 400 m².
• Amenities that Retain Tenants: Rooftop swimming pool and underground parking with storage rooms enhance satisfaction and renewals.
• ESG Alignment: Solar panels demonstrate a commitment to energy efficiency and operational stewardship.
• Flexible Unit Mix: Lofts, two-bedroom, and three-bedroom homes appeal to a broad renter base, reducing vacancy risk.
• Operational Clarity: Straightforward building program with readily verifiable components and income streams.

Strategic Considerations for Long-Term Ownership

Long-term owners can benefit from a clear asset management plan centered on resident experience, prudent expense control, and durable commercial tenancy. Regularly benchmarking residential and commercial rents against market comparables, investing in preventive maintenance, and enhancing sustainability measures can all contribute to NOI growth and higher asset valuations over time.

Thoughtful tenant communication, consistent service quality, and transparent house guidelines promote a positive living environment and reduce churn. For the commercial units, proactive relationship management and supportive placemaking can anchor reliable, neighborhood-serving businesses that complement the residential community above.

Summary and Investment Conclusion

This fully leased mixed-use building presents a compelling acquisition for investors seeking reliable income, defensive diversification, and long-term value. With 11 apartments—comprising five one-bedroom lofts, four two-bedroom and two-bathroom homes, and two three-bedroom and two-bathroom residences—paired with three street-level commercial units totaling approximately 400 square meters, the property generates stable returns supported by proven tenant demand.

A rooftop terrace with a swimming pool enhances lifestyle appeal and sets the building apart in a competitive rental market, while installed solar panels contribute to energy efficiency and cost control. Each apartment’s underground parking space and dedicated storage room further strengthen tenant retention and leasing performance.

With an estimated rentability of around 6% under current leases, the asset offers immediate cash flow alongside potential upside through measured rent optimization, amenity programming, and continued operational refinements. For buyers prioritizing resilient income and sustainability-forward features, this property stands out as a high-quality, turnkey investment ready to slot into a diversified real estate portfolio.