Basics
| Location Blue Hill Road | Island New Providence/Paradise Island | Lot Number 4 & 5 | Construction Concrete Block |
| Category Apartment Complex | Total Finished Floor Area 8000 | Type Apartment Complex | Status For Sale Only |
| Bedrooms 11 beds | Bathrooms 11 baths | Area 11740 sq ft | Lot size 11740 sq ft |
| MLS ID 62733 |
Description
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Description:
Income-Generating 11-Unit Apartment Complex – Blue Hill Road Area, New Providence Situated on two spacious lots totaling 11,740 sq. ft., this 11-unit apartment complex is a rare investment opportunity in the growing Blue Hill Road area of New Providence. Each unit features a 1-bedroom, 1-bathroom layout with an open-concept kitchen and living area, designed for comfortable, modern living. The building is fully rented, providing a strong and consistent stream of income with minimal management required. This property offers not only immediate returns but also excellent potential for future value appreciation. With thoughtful upgrades, there may be opportunities to enhance rental income even further, making it an attractive long-term asset. Located in a high-demand rental market with great accessibility, this complex is ideal for investors seeking a fully occupied, income-producing property with room to grow.
Property Features
- Amenities: None
- Style: Apartment
- Exterior Finish: Finished Concrete
- Sewer: Connected
- Water: City
- Flooring: Mixed
- Road: Street
- Roof: Asphalt Shingle
- Foundation: Yes
- Air conditioning (Condo): Split
- Assessment Includes (Condo): No Fee
- Parking Type: Open
Rooms&Units Description
- Unit Number: Lot 4 & 5
Miscellaneous
- Site Influences: Rural Setting,Shopping Nearby,Quiet Area