La Ribera Vista Cortes East Cape BCS | MLS #26-3628

Vista Cortés is a completed and operating 76-unit multifamily residential property in La Ribera on the East Cape of Baja California Sur. Built in 2020 on approximately 2.47 acres, the property encompasses 43,954 sq. ft. of construction and includes studio-style, one-bedroom and two-bedroom residences across contemporary two-story buildings. Located near Costa Palmas and the Sea of Cortez, Vista Cortés combines an established residential operation with the scale, unit diversity and site configuration of a multifamily asset in one of the East Cape’s most active areas of hospitality and residential development. Vista Cortés is a completed and operating 76-unit multifamily residential property in La Ribera on the East Cape of Baja California Sur. Built in 2020 on approximately 2.47 acres, the property encompasses 43,954 sq. ft. of construction and includes studio-style, one-bedroom and two-bedroom residences across contemporary two-story buildings. Located near Costa Palmas and the Sea of Cortez, Vista Cortés combines an established residential operation with the scale, unit diversity and site configuration of a multifamily asset in one of the East Cape’s most active areas of hospitality and residential development.

The 76 residences range from approximately 31.64 to 65.26 m², creating a varied housing mix within a single community. Each unit includes one bathroom, an open living area, an all-electric kitchen and air conditioning. Select upper-level residences have Sea of Cortez views.

The property’s low-rise configuration distributes the residences across the approximately 2.47-acre site rather than concentrating them in a single structure. Controlled access and perimeter fencing define the community, with on-site parking for residents, low-maintenance desert landscaping and a substantial central open area incorporated into the overall site plan.

Vista Cortés is fully occupied for 2026, with advance leasing commitments extending into 2027. The current pro forma projects approximately MXN $15,000,000 in first-year gross scheduled rent, equivalent to approximately MXN $1,250,000 per month before operating expenses. Current rent roll, leases, financials and supporting property documentation are available to qualified buyers through the listing agent.

The existing operation is complemented by the scale of the site itself. Potential future additions may include additional residential units, commercial space or amenities serving the resident community, creating options for a future owner to evaluate the property’s remaining site capacity alongside the existing 76-unit operation. Any additional development or alternate use is subject to feasibility, zoning, permitting and applicable governmental approvals.

La Ribera provides an important geographic context for Vista Cortés. Located on the Sea of Cortez side of Baja California Sur’s East Cape, the community is home to Costa Palmas and an expanding concentration of hospitality, residential, marina and golf development. The area brings together the established town of La Ribera with a growing collection of projects and services along this part of the East Cape.

Vista Cortés occupies a distinct position within that environment because it is already built and operating at scale. Rather than an undeveloped parcel or proposed multifamily project, the property consists of 76 completed residences with existing occupancy, advance leasing commitments, established infrastructure and a documented operating framework. That distinction allows the existing property and any future site potential to be evaluated separately.

The property’s proximity to Costa Palmas further connects Vista Cortés to one of the principal concentrations of hospitality and residential development in the area. Costa Palmas includes Four Seasons Resort Los Cabos at Costa Palmas, residential communities, a marina and golf, creating a significant neighboring destination within the broader La Ribera market. Vista Cortés remains a separate multifamily residential property with its own operating profile and identity.

Vista Cortés was constructed by South Baja Constructora, part of Grupo Gevilla, a Baja California Sur-based organization whose work spans residential, hospitality, commercial and infrastructure projects, as well as project management and electromechanical construction. Its regional portfolio includes work associated with Costa Palmas, Four Seasons La Ribera, Montage Los Cabos and other projects throughout Baja California Sur.

Taken together, Vista Cortés comprises 76 completed residences, approximately 43,954 sq. ft. of construction and approximately 2.47 acres in La Ribera, with a mix of studio-style, one-bedroom and two-bedroom units, controlled access, resident parking, shared open space and select Sea of Cortez views. Its current occupancy, advance leasing commitments and existing operating structure establish the property as an active multifamily community, while the size and configuration of the site provide additional possibilities to be evaluated over time.

Financials, current rent roll, leases, pro forma and supporting property documentation are available to qualified buyers.