DEW GARDENS – COWPEN ROAD New Providence/Paradise Island
Apartment Complex
$ 450,000.00
- MLS #: 47141
- Type: Apartment Complex
- Status: For Sale
- Location: 692
- Island: New Providence/Paradise Island
- Bedrooms: 6
- Bathrooms: 6
- Lot size: 6369 sq ft
- Lot Number: 1A
- Lot Shape: rectangular
- Area: 4144 sq ft
- Construction: Concrete Block
- Total Finished Floor Area: 3716
Description
Great Investment property. 5 Units. One 2bedroom townhouse, Four 1 Bedroom apartments. Totalling 6 Bedrooms, 5 baths. Building is 15 years, almost new. Well maintained. 55 Years architectural shingles. Quiet neighborhood. Upscale finishes. Large units. Elevated lot. Here are some financial reasons why you should buy this apartment: * 8-10% Investment Return – vs. 0.25% on Bank Deposit for 1 Year Fixed * Capital Protection via Insured Real Estate * Capital Appreciation via Property Value Increase + Discounted Price * High Demand units due to affordable rents ($700 for 1 Bed units, $1200 for Townhouse) * Low vacancy rate due to Affordable rents (can increase for additional yield) * Long Term Tenants (Average tenants stay 5+ Years) * Great Condition of Building (Relative newness (12 years and Professionally maintained) * Real Estate Investment better to beat Inflation and VAT environment Call to view and buy it today.
PDF BrochureRooms&Units Description
- Unit Number: 1A
Property Features
- Amenities: Main Level Entry,Fully Fenced,Fully Walled,Cable,Partial Furnished,Appliances Only
- Style: Apartment
- Exterior Finish: Finished Concrete
- Sewer: Connected
- Water: City
- Roof: Asphalt Shingle
- Foundation: Yes
- Air conditioning (Condo): Split
- Assessment Includes (Condo): No Fee
- Parking Type: Street,Open
Miscellaneous
- Legal Description: Lot 1A - Dew Gardens - Cowpen Road, N.P. Bahamas
- Site Influences: Central location,Easy Access,Shopping Nearby,Landscaped,Road - Paved,Level Lot
View on map / Neighborhood
Disclaimer
Courtesy of The Bahamas MLS
The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer’s personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX Logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved. This property is shown courtesy of The Bahamas MLS
