Purchase Price: $1,200,000   (Negotiable)

Rental Information:

There are eight apartments in total, all fully let producing $1200 per month for each apartment.  That's $14,400 a year each!

$115,200 a year for all eight units.

With a purchase price of just $1,200,000 that's a stunning 9.5% Net return PA, Tax Free!

The tenants are responsible for their own utilties and cable.  There are no monthly fees as such to consider, the current owner looks after the apartments himself.

Property Description:

Great investment opportunity.  Eight 2-bed, 2-bath Apartments.  Fully furnished, with A/C units and shared laundry facilities. Property size under 1 acre, with 160 ft. fronting on the main Queen's Highway. Located in Hooper's Bay, the apartments are fully rented all year round.

Approximately 3.5 miles west of George Town, the main settlement with all amenities. 5.5 miles east of Exuma International Airport.

 

A truly superb investment opportunity - With a little effort these apartments and grounds could easily be upscaled, in return rents could be increased to $1800 to $2000 per month.

Timing critical, we look forward to hearing from you shortly.

The secret is Exuma...

For further information and photos regarding this superb investment opportunity please phone either

Tim Hamilton on +44(0) 1202 669966

or Andy Sturton on +44(0) 7779 576412

or email info@bahamarama.co.uk