OUT EAST 11-UNIT APARTMENT COMPLEX,Other New Providence/Nassau
Property Details
Island: New Providence/Paradise Island
MLS#: 64794
Lot Size: 35,000 sq. ft.
Living Area: 16,000 sq. ft.
Property Type: Commercial Buildings
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.
Nearby Listings
- $120,000,000 For Sale Only OUT EAST 11-UNIT APARTMENT COMPLEX,Other New Providence/Nassau Beds: n/a Baths: n/a SqFt: 16 MLS:64794 Listing:C-2 View Listing
- $180,000 For Sale Only Kool Acres PROPOSED TRIPLEX,Fox Hill Beds: 3 Baths: 2 SqFt: 9 MLS:61477 Listing:R895 View Listing
- $295,000 For Sale Only KOOL ACRES 1.1 ACRE TRACT,Yamacraw Beds: 0 Baths: 0 SqFt: 48 MLS:63324 Listing:R1267 View Listing
- $120,000 For Sale Only LUMUMBA MULTIFAMILY LOT,Other New Providence/Nassau Beds: 0 Baths: 0 SqFt: 11 MLS:63059 Listing:R2302 View Listing
- $150,000 For Sale Only YAMACRAW VACANT LOT!,Yamacraw Beds: 0 Baths: 0 SqFt: 8 MLS:61642 Listing:R1565 View Listing
- $3,500 For Rent Only YAMACRAW SHORES,Yamacraw Beds: 3 Baths: 2 SqFt: 2 MLS:64871 Listing:R267 View Listing
- $230,000 For Sale Only LOT 37, SEA BREEZE LANE,Sea Breeze Beds: 0 Baths: 0 SqFt: 19 MLS:62356 Listing:R499 View Listing
- $410,000 For Sale Only ORCHARD CLOSE,Sea Breeze Beds: 5 Baths: 3 SqFt: 1 MLS:61936 Listing:R1221 View Listing
- $230,000 For Sale Only #67 HANNA ROAD,Joe Farrington Road Beds: 0 Baths: 0 SqFt: 37 MLS:61804 Listing:R88 View Listing
- $265,000 For Sale Only HANNA ROAD LOT,Other New Providence/Nassau Beds: 0 Baths: 0 SqFt: 20 MLS:64181 Listing:R2033 View Listing
Bahama Real Estate Association
The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to the real estate for sale or lease on this website comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer’s personal, non-commercial 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 reserved. This property is shown courtesy of The Bahamas MLS.