VALLEY VIEW APARTMENTS

• Capitol Hill, Saipan
• 4,000 sqm lot
• Eight 2-bedroom 1-bath apartments, each 900 ft in size.
• Panoramic easterly ocean and valley views.
• Concrete construction, on-site laundry facility, paved parking lot with 16 stalls, 3,000 gal. water-catchment system and pressure pump.
• Paved road access.
• 55-year prepaid lease with approximately 34 years remaining. Lease may be renewed.
• $350,000

VESTCOR VILLAGE
 

• Capitol Hill, westerly sunset view
• 20,000 sqm
• Sixty 2-bedroom apartments; 1 commercial building with 10 office units, convenience store, and restaurant; 2,700 ft warehouse; 2,700 ft staff housing.
• 55-year prepaid lease with approximately 34 years remaining.
• Annual net income is approximately $300,000.
• Paved road access
• Stand-by power and water, swimming pool, playground, furnished units.
• $3.5 million

SAN VICENTE ESTATES

• San Vicente, with views of Lau Lau Bay.
• 30,000 sqm
• 3-story apartment building consisting of 20 1-bedroom units.
• 55-year prepaid lease with approximately 46 years remaining.
• Currently operated as an apartment building with monthly rents running $5,000. Potential is $8,000-10,000/mo.
• Paved road access.
• Deep water well on site. Units are furnished.
• $650,000
• $375,000 down, owner will finance the balance.

• Beach Road, Saipan, adjacent Triple J Motors
• 4,477 sqm lot
• 28,800 sq ft of heavy quality reinforced steel warehouse in two buildings
• Building 1…9,600 sq ft of high-quality ground-floor retail space, 2,100 sq ft second-floor office, and 7,500 sq ft second floor light warehouse space serviced by forklift from rear rollup door. 
• Building 2…9,600 sq ft of high bay storage warehouse.
• 55-year prepaid lease with approximately 39 years remaining on the rear portion of the property. 54 years remaining on front portion of property, with $2,844.00/mo in lease payments.
• REDUCED...$850,000 $650,000