Basics
| Location Other New Providence/Nassau | Island New Providence/Paradise Island | Lot Number 1 | Lot Width 137 |
| Lot Depth 228 | Lot Shape Rectangle | Business Type Other | Multi-Family Apartment |
| Category Multi-Family | Land and Services Cul-de-sac,Highway Access,Level,Shopping Nearby | Type Building and Land | Status For Sale Only |
| Area 16000 sq ft | Lot size 35000 sq ft | Year built 2000 | MLS ID 64794 |
Description
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Description:
Kool Acres apartment complex is a prime investment property bringing in $11,800.00 per month which is about $142,000 per year. This multi-family, well maintained apartment complex has a strong rental income combined with desirable amenities. Situated in a secure, gated community, this property is fully rented. There are eight (8) units bringing in $1,200 per month, two efficiencies each bringing in $800.00 per month and one studio apartment bringing in $600 per month. This gated property sits on a 35,000 square foot lot with approximately 10,000 square feet of living space. You can have approved plans and blueprints for only $1,500 and build an additional fourplex (4) which when rented brings in about $5,000 per month or $60,000 per year. The building is immaculate, beautiful, well maintained and exclusive, ensuring a great living environment and a safe atmosphere for tenants behind the security gates. This complex contains a laundry washing facility, a very large parking lot and a playground for children. Call us today and schedule an appointment.
Miscellaneous
- Restrictions: Restr. Covnts
- Legal Description: Heather's Out East 11-unit Apartment complex. New Providence, Bahamas.