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Date Sold: 5 months ago

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6 Self-contained Apts 10 Bedrooms 7 Baths Complex

6 Self-contained Apts 10 Bedrooms 7 Baths Complex


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3 years ago
Houses For Sale     $51,000,000
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Additional Information

Location, Location, Location!!  If you are looking for an excellent investment property look no further.  This 10 bedrooms, 8 bathrroms apartment complex in upscale West Acre, Brumalia, Mandeville provides 6 individual electrical metered apartments of varying sizes and layouts - (1) 2 bedrooms, bathrooms (14x14),  (3) 2 bedrooms, 1 bathroom, 1 bedroom, 1 bathroom and a studio apartment.  Property is centrally located and less than 2 minutes from the town of Mandeville.  Occupants will relax in comfort in their large bedrooms, opened concept living/dining room, porcelain tile, with granite countertops, in unit laundy area, back & front balcony and individual water tanks. There is room for expansion and adding a drying area.  Based on the current rental prices and being ideally located less than 5 minutes from Mandeville Town Center, this complex provides an income of over $340,000.00 per month.   With the installation of an electronic gate to convert property into a gated complex rental income can be in excess of $500,000 per month and more should property expand.   Priced way below Evaluation this is ideal for the avid investor.   Call and schedule your viewing today!!
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