Sears Hill 8-plex, New Providence/Paradise Island, Bahamas

$1,155,000

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8

Beds

8

Baths

4,100

Square feet

0.28

Acres

About Sears Hill 8-plex

Excellent investment opportunity in a very convenient and central location. This 8 unit apartment complex on Sears Hill Road collects nearly $6,000 per month, however, tenants are under charged and units can rent for easily $850-$900 per month each. Currently used as 8 - 1 bedroom apartments, but can be renovated and converted to an office complex. Each unit has a bedroom, living/dining room, kitchen and bathroom. The building is hilltop and has nice views looking south over New Providence. Ample parking available and very well built and maintained property. A commercial building of this size and construction is hard to find in this area. Interested in adding to your income producing and commercial real estate portfolio? Make this yours today!

Features of Sears Hill 8-plex

MLS® # 57909
Price $1,155,000
Bedrooms 8
Bathrooms 8.00
Square Footage 4,100
Acres 0.28
Type Residential
Sub-Type Apartment Complex
Style Apartment

Community Information

Address Sears Hill 8-plex
Area Sears Hill Road
City New Providence/Paradise Island
State Bahamas

Amenities

Parking Open, Multiple C/P
Is Waterfront No
Has Pool No

Interior

Interior Ceramic Tile
Interior Features Main Level Entry, Fully Fenced, Fully Walled, Cable
Cooling Window unit(s)
Has Basement Yes
Basement Slab

Exterior

Exterior Finished Concrete
Exterior Features Patio
Lot Description Hillside, Shopping Nearby, View - City, Landscaped, Road - Paved, Can Be Rented
Roof Asphalt Shingle
Construction Concrete Block
Foundation Yes

Listing Map

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