Basics
| 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 8705 sq ft | Lot size 8000 sq ft | Year built 2007 | MLS ID 63250 |
Description
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Description:
Centrally Located, Great Income Producing 10-Plex Excellent income-producing multi-family property available in centrally located Garden Hills. This well-maintained investment opportunity features two detached two-story apartment buildings, each offering five fully rented units, comprising four two-bedroom and six one-bedroom apartments, for a total of ten income-generating units. Originally built in 2006, the property was acquired by the current owners in 2016 as an unfinished shell and has since undergone a full-scale refurbishment, including complete electrical rewiring, full re-plumbing, and new roofs on both buildings. Each ground floor spans approximately 3,248 square feet and includes spacious living rooms, dining areas, kitchens, bathrooms, and bedrooms, while the second floor also offers generously sized units with functional layouts. The property has enjoyed consistently high occupancy over the past 5 years, producing a reliable and generous return on investment. This is a turnkey opportunity for any investor looking to expand their rental portfolio.
Property Features
- Amenities: Garden Area,Fully Fenced,Fully Walled,Impact Windows
- Style: Colonial
- Exterior Finish: Finished Concrete
- Sewer: Connected
- Water: City
- Road: Street
- Roof: Asphalt Shingle
- Foundation: Yes
- Air conditioning (Condo): Split
- Assessment Includes (Condo): No Fee
- Parking Type: Street,Open
Rooms&Units Description
- Unit Number: 2
Miscellaneous
- Legal Description: Carefree Court, Lot #5, Block D, Garden Hills Est # 2, East Street, N.P. The Bahamas
- Site Influences: Central location,Easy Access,Family Oriented,Highway Access,Private Setting,Quiet Area