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| COMMERCIAL PROPERTY |
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GARAPAPAN COMMERCIAL BUILDING
- Garapan Street, Garapan, Saipan
- 1,357 sqm lot
- 4-story, 20,000 sq ft commercial building, with additional residential rooftop penthouse unit.
- Building is 30% occupied, producing roughly $5,000/mo rental income.
- Stand-by generator and water storage tank
- 55-year lease with approximately 33 years remaining. Monthly land lease payments of $3,267.00
- $300,000
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GARAPAPAN OFFICE BUILDING
- Beach Road, Tourist District, Garapa
- 531 sqm
- 7,000 ft on two levels
- 55-year lease with 32 years remaining
- $6,500/mo rental income
- $2,928/mo lease payments
- Newly renovated
- $450,000
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MIDDEL ROAD COMMERCIAL BUILDING
- Middle Road, Gualo Rai
- 9,000+ square feet on two levels
- Retail, office, and workshop space on ground floor
- Bulk storage, office supply storage, and conference room on second floor
- Additional 2-bedroom, 1-bathroom staff quarters on second floor
- Large water reserve and French drain
- Generator housing and wiring in place
- Security perimeter fence, dedicated parking
- 55-year lease with approx. 31 years remaining.
- $350,000
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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
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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
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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.
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