Red Roof Properties

4 WEST ACRE, MANDEVILLE

Description

Excellent investment opportunity!! This apartment complex in West Acre, Brumalia. provides 6 individual electrical metered apartments of varying sizes and , layouts – (1) 2 b/r, 2 baths (14×16), (3) 2 bedrooms, 1 bath (14×16) 1 b/r, 1 bath & a studio apartment. Occupants will relax in comfort in their large bedrooms, opened concept living/dining room with porcelain tiles, granite countertops, in unit laundry area, front & back balcony and individual water tanks. There is room for expansion and adding a drying area. Based on the present rental prices and being ideally located less than 5 minutes from Mandeville Twn 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 $500,000.00 per month and more should property expand. Road in this area is undulating. Property is priced below Evaluation. Call and schedule your appointment for viewing


Features and Amenities
  • Block and Steel
  • Manchester
  • Garden Area
  • Water Tank
  • Grilled
  • Fully Walled
  • Easy Access
  • Family Oriented
  • Hillside
  • Private Setting
  • Low Maint Yard
  • Recreation Nearby
  • Quiet Area
  • Acreage
Beds
10
Bath
7
sq ft
2867
Currency
JMD
Price
51000000
MLS
51600
Total cost of loan
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Location
4 WEST ACRE, MANDEVILLE