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WEST BAY MULTI-UNIT INCOME PRODUCER
(West Bay / North West Point, Cayman Islands)CI$775,000
- 7 Bedrooms
- 6 Bathrooms
- 2,800 Sq. Ft.
- 0.4 Acreage
MLS# 415960
A well-maintained, multi-unit income producing property, only minutes from the Morganville development currently under construction, and an easy drive to Northwes...
Property Description
A well-maintained, multi-unit income producing property, only minutes from the Morganville development currently under construction, and an easy drive to Northwest Point drive. The property sits on 0.4 of an acre, with mature trees and a well manicured garden. There are 3 buildings on the property, one concrete, and two frame, the latter that has been on the property for more than 6 years. Combined, they are currently bringing in a gross rental income of CI$ 88,200 per year. Kindly see the configuration and currently rental breakdown : Building A Unit 1 - 1B/1B studio renting at CI$ 950 per month Unit 2 - 2B/1B main house, renting at CI$ 2,200 per month Unit 3 -1B/1B studio renting at CI$1,000 per month Building B Unit 4 - 1B/1B renting at CI$ 1,200 per month Building C Unit 5 - 1 B/1B studio renting at CI$ 1,000 per month Unit 6 - 1 B/1B studio renting at CI$ 1,000 per month
Key Features
Property Type:Multi-Unit
Listing Type:Apartment Building/Condo Building
Property Status:Pen/Con
Year Built:1987
Address:Josephs Drive, West Bay / North West Point
Views:Garden View
Block:4B
Parcel:94
Zoning:High Density Residential
Furnished:Yes
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*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).
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