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WEST BAY MULTI-UNIT INCOME PRODUCER , Grand Cayman

MLS#: 415960
Listing Type: Apartment Building / Condo Building
CI$775,000
Square Feet
2800
Bedrooms
7
Bathrooms
6
Year Built
1987

Property Details

  • Property Type: Multi Unit
  • View: Garden View
  • Status: Pending/Conditional
  • Pets Allowed: Yes

Property Information

A well-maintained, multi-unit income producing property, only minutes from the Morganville development currently under construction, and an easy drive to Northwest Point drive.

The property sits on 0.4 of an acre, with mature trees and a well manicured garden. There are 3 buildings on the property, one concrete, and two frame, the latter that has been on the property for more than 6 years.
Combined, they are currently bringing in a gross rental income of CI$ 88,200 per year.

Kindly see the configuration and currently rental breakdown :

Building A
Unit 1 - 1B/1B studio renting at CI$ 950 per month
Unit 2 - 2B/1B main house, renting at CI$ 2,200 per month
Unit 3 -1B/1B studio renting at CI$1,000 per month

Building B
Unit 4 - 1B/1B renting at CI$ 1,200 per month

Building C
Unit 5 - 1 B/1B studio renting at CI$ 1,000 per month
Unit 6 - 1 B/1B studio renting at CI$ 1,000 per month

*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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Sales Agent
Company:
1503 PROPERTY GROUP LTD
Cell:345-323-9706
Email:annamari@1503propertygroup.com
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