Property Details
Grand Bahama Apartment Building, Inland Multi Family
Offered at: $1,250,000
Apartment Building 8-2Br. 2Ba. & 12-1 Br. 1 Ba.
This 16,880 sq. ft. 20 unit apartment building offers 8-2Br. 2 Ba. and 12-1 Br. 1 Ba. all unfurnished units. Amenities offered: swimming pool, walled-in property, hurricane shutters, laundry room, new roof, large parking lot, across from Bus Stop, landscaped, This Apartment Complex comes with an additional 115 x 140 or 16,100 sq. ft. vacant property to build another 20 units, a Bahamas Company with Builders Investment Grand Bahama Port Authority License and a Bahamas Customs Duty Free Bond,. Appraised Value in 2007 at $1,690,000.00, This Apartment Building runs an annual 95% occupancy with an annual income of about $135,000.00. Located just a short drive to the beach, Seahorse Shopping Center, Restaurants, Schools, Churches, Downtown Shopping & Business Center, Grand Lucayan Beach Resort and Casino, Port Lucaya Resort and Marina, two golf Courses and just 15 minutes from the Airport. Owner will consider reasonable and serious offers.
Disclaimer: The accuracy of all information, including but not limited to bedroom number and size, bathroom number, square footage, lot size, year built, property features, mortgage interest rate, etc. is deemed reliable but not guaranteed and should be independently verified through personal inspection or confirmation with appropriate real estate professionals.