OUT EAST 11-UNIT APARTMENT COMPLEX
OUT EAST 11-UNIT APARTMENT COMPLEXBasics
- Date added: Added 3 months ago
- Category: Building and Land
- Type: Other
- Area: 16000 sq ft
- Lot size: 35000 sq ft
- Year built: 2000
- Currency: BSD
- Island: New Providence/Paradise Island
- Lot: 1
- Sale or Rent: For Sale Only
- Date Listed: 2025-11-19T00:00:00
- Multi-Family: Apartment
- MLS ID: 64794
Description
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Description:
Kool Acres apartment complex is a prime investment property bringing in $11,800.00 per month which is about $142,000 per year. This multi-family, well maintained apartment complex has a strong rental income combined with desirable amenities. Situated in a secure, gated community, this property is fully rented. There are eight (8) units bringing in $1,200 per month, two efficiencies each bringing in $800.00 per month and one studio apartment bringing in $600 per month. This gated property sits on a 35,000 square foot lot with approximately 10,000 square feet of living space. You can have approved plans and blueprints for only $1,500 and build an additional fourplex (4) which when rented brings in about $5,000 per month or $60,000 per year. The building is immaculate, beautiful, well maintained and exclusive, ensuring a great living environment and a safe atmosphere for tenants behind the security gates. This complex contains a laundry washing facility, a very large parking lot and a playground for children. Call us today and schedule an appointment.
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Location
Amenities & Features
- Amenities:
Miscellaneous
- Legal Description: Heather's Out East 11-unit Apartment complex. New Providence, Bahamas.
- Restrictions: Restr. Covnts
- Land and Services: Cul-de-sac,Highway Access,Level,Shopping Nearby
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This property is shown courtesy of The Bahamas MLS.
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