!IN CLOSING PROCESS! Great investment opportunity -- Casa de Piedra consists of 5 apartments and laundry room and is located 10 miles south of Puerta Vallarta tucked in an authentic Mexican fishing village on the river in Boca de Tomatlan with a beautiful view of the bay. Secluded white sandy beaches are only minutes away. As it is currently set up, Casa de Piedra is a turnkey operation for the onsite or offsite owner.
There are five existing apartments consisting of 3 studios approximately 600 sq. ft. and two, two-story apartments of approximately 1,000 sq. ft. and 1,600 sq. ft., which can each sleep up to four people. Each apartment comes fully furnished and have tiled bathrooms, hot showers, kitchenettes with refrigerator and range and cooking utensils.

Each apartment can be rented out individually or grouped together for larger groups of up to 14 people. Experienced staff can provide day-to-day management or the owner can take over all or part of the day-to-day management. Perfect for the current or eventual retiree, the investor or someone looking for an exciting change of career and lifestyle. Casa de Piedra is a profitable operation. Whether the owner lives onsite in one of the apartments on a full-time or part-time basis or lives offsite on a full-time basis, Casa de Piedra generates positive cash flow.

There is also great potential for the saavy buyer for immediate return on investment by converting the apartments to condos and selling them. The property is currently Ejido but is ready to be regularized.


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