Area: Blue Hill Road
Island: New Providence/Paradise Island
Listed Price: $550,000
Sale or Rent: For Sale Only
Property Type: Apartment Complex
Bedrooms: 11
Baths: 11
SqFt Total: 11740
Unit Number: Lot 4 & 5
Construction: Concrete Block
Monthly Assessment: 0
Style: Apartment
Exterior Finish: Finished Concrete
Bedrooms: 11
Baths: 11
SqFt Total: 11740
Unit Number: Lot 4 & 5
Construction: Concrete Block
Monthly Assessment: 0
Style: Apartment
Exterior Finish: Finished Concrete
Currency: USD
Lot: 4 & 5
Lot SqFt: 11740
Air Conditioning: Split
Flooring: Mixed
Foundation: Yes
Roof: Asphalt Shingle
Lot: 4 & 5
Lot SqFt: 11740
Air Conditioning: Split
Flooring: Mixed
Foundation: Yes
Roof: Asphalt Shingle
Total Finished Floor Area: 8,000
Description: Income-Generating 11-Unit Apartment Complex â Blue Hill Road Area, New Providence Situated on two spacious lots totaling 11,740 sq. ft., this 11-unit apartment complex is a rare investment opportunity in the growing Blue Hill Road area of New Providence. Each unit features a 1-bedroom, 1-bathroom layout with an open-concept kitchen and living area, designed for comfortable, modern living. The building is fully rented, providing a strong and consistent stream of income with minimal management required. This property offers not only immediate returns but also excellent potential for future value appreciation. With thoughtful upgrades, there may be opportunities to enhance rental income even further, making it an attractive long-term asset. Located in a high-demand rental market with great accessibility, this complex is ideal for investors seeking a fully occupied, income-producing property with room to grow.
MLS Number: 62733
Date Modified: 06/05/2025
Listed by: Hideaways Real Estate