Property Details
Basic Information
- List Price: $1,200,000
- MLS Number: 64794
- Lot Width: 137
- Description: 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.
- Area: Other New Providence/Nassau
- Currency: BSD
- Year Built: 2000
- Square Feet: 16000
Property Type
- Property SubType: Building And Land
Exterior Features
Exterior Features
- Amenities: Air Conditioning Fully, Cablevision, Fenced, Highway Access, Signs Allowed
- Acreage: 0.8
- Area: Other New Providence/Nassau