Garden Hills Estate #2, New Providence/Paradise Island, Bahamas

$1,149,000

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14

Beds

10

Baths

8,000

Square feet

0.20

Acres

About Garden Hills Estate #2

Are you looking for an Investment? Here's your chance to own a well-constructed income property in central Garden Hills. These multi-family buildings were originally built in 2006, the current owners took over the property as an uncompleted shell approximately 8 years ago in 2016 and did a complete refurbishment of all apartments, including full electrical rewiring, full re-plumbing and a new roof on both buildings. The buildings are in very good condition and well-maintained. There are two two-story detached multi-family residential buildings, each with 5 apartment units, 2 two-bedroom apartments, and 3 one-bedroom apartments, for a total of 10 apartment units. Together, 4 x 2 bedroom and 6 x 1 bedroom units produce a generous return on your investment. Each ground floor encompasses 3,248 Square Feet and has 4 living rooms, dining rooms, bathrooms, kitchens, and 8 bedrooms. The second floor has 6 living and dining rooms, kitchens, bedrooms, and bathrooms. The units are fully occupied and have had very high level of occupancy for past 3 years.

Features of Garden Hills Estate #2

MLS® # 58558
Price $1,149,000
Bedrooms 14
Bathrooms 10.00
Square Footage 8,000
Acres 0.20
Year Built 2007
Type Residential
Sub-Type Apartment Complex
Style Apartment
Status Active

Community Information

Address Garden Hills Estate #2
Area Soldier Road
Subdivision Garden Hills No. 2
City New Providence/Paradise Island
State Bahamas

Amenities

Parking Open
Is Waterfront No
Has Pool No

Interior

Interior Features Unfurnished
Cooling Central
Has Basement No

Exterior

Exterior Finished Concrete
Lot Description Family Oriented, Highway Access, Road - Paved, Can Be Rented
Roof Asphalt Shingle
Construction Concrete Block
Foundation Yes

Listing Map

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