My Bunch of Keys

Apartment building 20 rooms fully tenanted


Price

$5,750,000 

Property Details


Property ID:
BOK-54122

Location:
Sankar street, St. Augustine 

Bedrooms: 10 Bathrooms: 10 Sq. Footage: 9127sq.ft.


Highlights:
Fully Furnished
Gated CompoundFully FurnishedParking on CompoundFreehold Land

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

 

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