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Apartment Complex

USD $277,778 Sale Price

Description

Conveniently located in the tranquil community of La Clery is this investment opportunity of a 2 storey building consisting of four unfurnished apartment building. This building is well positioned just off the Vide Boutielle road which is a main public transit road. The property is 5 minutes from the city capital of Castries and is in close proximity to a supermarket, schools, airport, postal and banking services. One also has the option of walking to the stretched calm sandy Vigie Beach or enjoy a run on the nearby playing field.

The building is boundary with a concrete structure and is secured with a manual metal gate. The internal grounds are paved and provides private parking for a several vehicles.

The ground floor: Apartment 1 situated to the front consist of 2 bedrooms and 1 bathroom. The living quarters is of an open concept featuring the living room, dining area and kitchen. The kitchen countertops, back splash, bathroom walls and the entire interior flooring is finished with ceramic tiling. There is a designated laundry area with the necessary plumbing fixtures installed.

Apartment 2: Nestled to the back with a small patio on entrance this apartment has 1 bedroom and 1 bathroom. The interior design is similar to that of apartment 1. The windows and doors are reinforced with security bars. Just outside this unit is a clothing line area to ensure maximize usage of the grounds.

The top floor bears the same design as the ground floor with each apartment having its own access point of a flight of stairs.

On property are 2 electric water systems as well as (2) l000 gallons PVC water tank with one being at roof level including a pump. The lower feeds by gravity while the 1st floor has access to the water pump. The property has four separate electric meters and one water meter.

The estimated revenue from the four units is $4,150.00 with water, cable and wifi being provided to tenants.

Location

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