About this Property
Perfect income generating property situated walking distance from the highway, the University of the West Indies and Priority Bus Route. Contains 20 one bedroom, one bathroom, shower and a shared kitchen and shared washing area. Electronic gate at the entrance with parking for 13 vehicles. The occupying tenants consists of university students and young working professionals .
Current Monthly Expenses= $4,400
All 20 rooms rented at $1,800 per month per room
Land sqf = 9127.8sqf
Building size= 75 sqf x 35 sqf = 2,765 sqf
Building levels = 2
Ground floor = 10 rooms , 4 feet corridor, shared kitchen and washing area, lobby
Top floor = 10 rooms , 4 feet corridor, shared kitchen and washing area, lobby ,emergency stairs
Roof = Iron and Aluzinc galvanize sheeting
Possible expansion for Additional apartments = 2,000 sqf
Drainage = Well drained , Concrete drain