Title of Property: Apartment Complex
Island: New Providence/Paradise Island
Listed Price: $1,750,000
Property Type: Business Opportunity
Business Type: Commercial
Multi-Family: Apartment
SqFt Total: 13652
Business Type: Commercial
Multi-Family: Apartment
SqFt Total: 13652
Currency: Either
Lot: 3-7
Lot Shape: rectangle
Lot SqFt: 43647
Lot: 3-7
Lot Shape: rectangle
Lot SqFt: 43647
Description: An Investorâs Dream! Better than money in the bank! Check out this great investment opportunity: This safe, gated apartment complex is for sale! This multi-unit apartment complex is gated and fully secured. It provides the feel of a private community, quietly tucked away in the Shirlea area. It is centrally located, in Stevenson Subdivision near Mackey and Shirley Streets with quick access to restaurants, grocery stores, and schools. The complex consists of fourteen (14) 1 bedroom / 1 bathroom units, four (4) 2 bedroom/1 bathroom units, one (1) 2 bedroom/1bathroom single-family home and one (1) 3 bedroom/1 bathroom single-family home, onsite laundry facilities, free spacious parking, and common garden areas all nestled on a beautifully landscaped lot consisting of more than one acre. Collectively, the buildings total 13,652 sq. ft. All buildings, landscaping and common areas are well maintained. This complex is consistently 100% occupied, with very low tenant turnover, and a waiting list of interested tenants. This is a must-see excellent investment opportunity for the buyer.
MLS Number: 57355
Date Modified: 04/24/2024
Listed by: Hideaways Real Estate