Eight X 2 Bed / 2 Bath Apartments - Fully Let! in Hoopers Bay, Great Exuma, Bahamas

9.5% Net Return - Stunning Tax Free Investment Opportunity

Tradewinds Apartments - Hooper's Bay, Great Exuma

Eight x 2 Bedroom / 2 Bathroom Apartments.

Fully Let & Fully Furnished.

Purchase Price: $1,200,000 (Negotiable)

Rental Information: There are eight two bedroom apartments in total, they are all fully let and furnished producing $1200 per month each. That's $14,400 per year for each apartment, totalling $115,200 a year for all eight. - That's a stunning tax-free investment of 9.5% Net return PA!

With a little effort they can be upscaled and rented for $1800 to $2000 per month.

Apartment size: 900 sq ft each.

The tenants are responsible for their own utilties and cable.
There are no monthly fees as such to consider, the current owner looks after the apartments himself.

Property Description: Great investment opportunity. Eight 2-bed, 2-bath Apartments. Fully furnished, with A/C units and shared laundry facilities. Property size under 1 acre, with 160 ft. fronting on the main Queen's Highway. Located in Hooper's Bay, the apartments are fully rented all year round. Approximately 3.5 miles west of George Town, the main settlement with all amenities. 5.5 miles east of Exuma International Airport.

Genuine interest only please.