Basics
- Date added: Added 20 hours ago
- Category: Apartment Complex
- Bedrooms: 12
- Bathrooms: 8
- Area: 5400 sq ft
- Lot size: 13000 sq ft
- Currency: BSD
- Island: New Providence/Paradise Island
- Lot: 0
- Sale or Rent: For Sale Only
- Date Listed: 2025-03-24T00:00:00
- MLS ID: 61730
Description
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Description:
This fully rented apartment complex presents an excellent investment opportunity in a prime location off Blue Hill Road. The property consists of four two-bedroom units and four one-bedroom units, offering a strong and steady rental income. Spanning over 5,000 square feet of living space, the complex sits on approximately 13,000 square feet of land, providing ample room for tenants and future potential. Centrally located, the apartment complex offers easy access to multiple parks, shopping centers, and public transportation routes, making it an attractive option for renters. The property is in overall good condition and features open and paved parking for residents. Water is supplied via a well, and there are two shared laundry facilities on-site. Tenants are responsible for all other utilities, ensuring a hassle-free investment for the new owner. With its desirable location and consistent rental income, this apartment complex is a valuable addition to any investment portfolio. Units are sold unfurnished. Well water pump, tank and coin operated washer/dryers are included in sale.
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Location
Building Details
- Foundation: Yes
- Construction: Concrete Block
- Exterior material: Finished Concrete
- Roof: Asphalt Shingle
- Parking: Open
Amenities & Features
- Sewer: Septic - Yes
- Style: Apartment
- Air conditioning (Condo): Split
- Water: Drilled Well
- Amenities:
Miscellaneous
- Legal Description: 5,400 SF Apartment Complex on Palm Tree Avenue, Coconut Grove
- Site Influences: Easy Access,Low Maint Yard,Shopping Nearby,Recreation Nearby,Road - Paved,Level Lot
- Monthly Assessment: 0
- Road: Street
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This property is shown courtesy of The Bahamas MLS.
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