Apartment Complex

$1,100,000 / Appraised at $1.3M
Sold

2761

Property ID

9,192 SqFt

Size

21

Bedrooms

11

Bathrooms

Description

An excellent investment opportunity!

Recently completed building consisting of 11 apartments (3 and 2 bedrooms), with gated parking and one assigned parking space per apartment. With tenants in place, the building generates an average monthly income of $9,000.

Located away from the hustle and bustle of the city and traffic, and close enough to Philipsburg, this property is situated in a residential area with constant developments, leading to improvements in services and road conditions.

The building features reinforced concrete floors with ceramic and porcelain tiles inside the apartments, the exterior and interior walls are made of concrete blocks plastered, Ceilings are reinforced concrete and building roof is also reinforce concrete. Aluminum roll-up hurricane shutters on all doors and windows. All apartments have wooden cabinets in the kitchen area.

Appraised at $1.3M
Negotiable. Great investment for rental income.

Address

Address: Lower Prince's Quarter
  • Country: Saint Martin
  • Neighborhood: Lower Price's Quarter
Open on Google Maps
  • Property ID 2761
  • Price $1,100,000 / Appraised at $1.3M
  • Property Type
  • Property status
  • Bedrooms 21
  • Bathrooms 11
  • Size 9,192 SqFt
  • Label
  • Garages 11