Basics
Title of Property Carefree Court | Location Soldier Road | Subdivision Garden Hills No. 2 | Island New Providence/Paradise Island |
Lot Number 5 | Block D | Construction Concrete Block | Category Apartment Complex |
Total Finished Floor Area 8000 | Type Apartment Complex | Status For Sale Only | Bedrooms 14 beds |
Bathrooms 10 baths | Area 8000 sq ft | Lot size 8705 sq ft | Year built 2007 |
MLS ID 58558 |
Description
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Description:
Are you looking for an Investment? Here's your chance to own a well-constructed income property in central Garden Hills. These multi-family buildings were originally built in 2006, the current owners took over the property as an uncompleted shell approximately 8 years ago in 2016 and did a complete refurbishment of all apartments, including full electrical rewiring, full re-plumbing and a new roof on both buildings. The buildings are in very good condition and well-maintained. There are two two-story detached multi-family residential buildings, each with 5 apartment units, 2 two-bedroom apartments, and 3 one-bedroom apartments, for a total of 10 apartment units. Together, 4 x 2 bedroom and 6 x 1 bedroom units produce a generous return on your investment. Each ground floor encompasses 3,248 Square Feet and has 4 living rooms, dining rooms, bathrooms, kitchens, and 8 bedrooms. The second floor has 6 living and dining rooms, kitchens, bedrooms, and bathrooms. The units are fully occupied and have had very high level of occupancy for past 3 years.
Property Features
- Amenities: Unfurnished
- Style: Apartment
- Exterior Finish: Finished Concrete
- Sewer: Septic - Yes
- Water: Other
- Roof: Asphalt Shingle
- Foundation: Yes
- Air conditioning (Condo): Central
- Assessment Includes (Condo): No Fee
- Parking Type: Open
Miscellaneous
- Legal Description: Carefree Court, Lot #5, Block D, Garden Hills Estate #2, N.P. The Bahamas
- Site Influences: Family Oriented,Highway Access,Road - Paved,Can Be Rented