Courtesy of The Bahamas MLS

White Sound Apartments, Abaco

$550,000

10 Beds
7 Baths
3,800 Sqft
.27 Acres
0 Garages

A solid investment with projected 9% return on investment after closing costs and repairs. Concrete block construction, built by one of Hope Town's most reputable builders, Kevin Albury. The main building has a total of 3,800 sq. ft. of finished living space, and 760 square ft. of verandah. There are 7 apartments: 3 - 2b/1b upstairs, and 4 - 1b/1b on the ground floor. A separate 144 sq. ft. CBS laundry room is conveniently located on the property for all tenants. The potential for a coin laundry open to the public could be a prosperous sideline business. Centrally located in White Sound on a 11,553 square ft. lot with room to expand. Cistern size: 16,000 gallons. Excellent rental history. Hurricane damage due to hurricane Dorian includes: Roof damage estimated at $50,000-$75,000. All damaged sheetrock and insulation have been removed. Other damage: rails, paint and some windows and doors. Being sold "as is".

Essential Information
MLS® #40120
Price$550,000
Bedrooms10
Bathrooms7.00
Square Footage3,800
Acres0.27
TypeResidential
Sub-TypeApartment Complex
StyleOther
Community Information
AddressWhite Sound Apartments
AreaElbow Cay
CityAbaco
StateBahamas
Amenities
ParkingOpen
Interior
InteriorCeramic Tile
Interior FeaturesImpact Shutters, Unfurnished
CoolingCentral
# of Stories2
Exterior
ExteriorFinished Concrete
Exterior FeaturesVeranda
RoofAsphalt Shingle
ConstructionConcrete Block
FoundationYes
Lot Description

Adult Oriented, Central location, Easy Access, Family Oriented, View - Ocean, Southern Exp, Low Maint Yard, Shopping Nearby, Recreation Nearby, Road - Paved, Phone to Lot, Level Lot, Underground Services, Marina Nearby, Potential Recreation, Can Be Rented, Recreational

LISTING MAP

Get directions to this property:

Properties for Sale Similar to White Sound Apartments, Abaco, Bahamas

Photo of Listing #30493

Rum Cay Drive, Grand Bahama/Freeport

$572,000 - 16 Beds, 24 Baths, 15,496 Sf

MLS® # 30493

Photo of Listing #40463

Church Hill Avenue, New Providence/Paradise Island

$600,000 - 12 Beds, 7 Baths, 3,608 Sf

MLS® # 40463

Photo of Listing #38041

38 & 40 East Settlers, Grand Bahama/Freeport

$535,000 - 12 Beds, 12 Baths, 16,117 Sf

MLS® # 38041

The Bahamas Real Estate Association is not responsible for the accuracy ofthe information listed above. The data relating to real estate for sale or leaseon this web site comes in part from the Internet Data Exchange Program (IDX)and the Bahamas MLS, and is provided here for consumer's personal, noncommercialuse. It may not be used for any purpose other than to identifyprospective properties consumers may be interested in purchasing or leasing.Real Estate listings held in brokerage firms other than the office owning thiswebsite are marked with the IDX Logo on the short inquiry. Data provided isdeemed reliable but not guaranteed. This information is protected by copyrightand all rights are reserved. This property is shown courtesy of The Bahamas MLS.