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BERKLEY COURT APARTMENTS - SMITH ROAD , Grand Cayman

MLS#: 412342
Listing Type: Apartment Building / Condo Building
CI$2,375,000
Square Feet
8800
Bedrooms
12
Bathrooms
14
Year Built
2000

Property Details

  • Property Type: Multi Unit
  • View: Garden View
  • Status: Pending/Conditional
  • Pets Allowed: NO

Property Information

A RARE find these days- This Multi-family Listing presents a Phenomenal investment opportunity! SUPERB LOCATION!!! Recently refurbished 8 unit complex is comprised of 4x spacious 2bed/2.5bath townhouse style condos and 4x1bed/1bath condos. The owner recently spent over a $100k in improvements and in ADDITION, the property is being sold with an extra half acre of land that can be developed further down the road. The property and land is being sold with full set of plans for another 8 x 2bed/2.5 bath condos and pool. The buildings are in the process of being stratified; meaning that each of the condos can be sold separately as each will have its own title deed! Projected Gross annual income of ci$154,000 based on current rental rates and these rates are expected to increase slightly over the next year or 2. Property is well built and well maintained/managed. Call or email me for more details.

*Disclaimer: CIREBA uses a conversion rate of KYD 0.82 to US 1.00. It is important to check with your local real estate agent or financial institution as the KYD/USD exchange rate may differ when purchasing real estate in the Cayman Islands.

Property Enquiry

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Lund Team Sales Associate
Company:
RE/MAX CAYMAN ISLANDS
Office:345-943-4556
Cell:345-926-4492
Email:dillon.claassens@remax.ky
Contact Us

Broker/owner, The Lund Team
Company:
RE/MAX CAYMAN ISLANDS
Office:345-949-9772
Cell:345-916-5555
Email:kim.lund@remax.ky
Contact Us

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