WEST BAY MULTI-UNIT INCOME PRODUCER

  • $775,000
W Bay, Cayman Islands
WEST BAY MULTI-UNIT INCOME PRODUCER WEST BAY MULTI-UNIT INCOME PRODUCER WEST BAY MULTI-UNIT INCOME PRODUCER WEST BAY MULTI-UNIT INCOME PRODUCER WEST BAY MULTI-UNIT INCOME PRODUCER WEST BAY MULTI-UNIT INCOME PRODUCER WEST BAY MULTI-UNIT INCOME PRODUCER WEST BAY MULTI-UNIT INCOME PRODUCER WEST BAY MULTI-UNIT INCOME PRODUCER
  • Multi-Unit
  • Property Type
  • hz-415960
  • MLS#
  • 7
  • Bedrooms
  • 6
  • Bathrooms
  • 2800
  • Sq Ft
  • 1987
  • Year Built

CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD

WEST BAY MULTI-UNIT INCOME PRODUCER

W Bay, Cayman Islands
  • $775,000

CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD

Overview

  • Multi-Unit
  • Property Type
  • hz-415960
  • MLS#
  • 7
  • Bedrooms
  • 6
  • Bathrooms
  • 2800
  • Sq Ft
  • 1987
  • Year Built

Description

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

Details

Updated on September 23, 2023 at 6:46 am
  • MLS#: hz-415960
  • Price: $775,000
  • Property Size: 2800 Sq Ft
  • Bedrooms: 7
  • Bathrooms: 6
  • Year Built: 1987
  • Property Type: Multi-Unit
  • Property Status: Pending/Conditional

Additional details

  • Views: Garden View
  • Lot Size: 0.4000
  • Pool: No
  • Pets Allowed: Yes
  • Furnished: Yes
  • Zoning: High Density Residential
  • Block: 4B
  • Parcel: 94
  • Address Josephs Drive
  • City W Bay
  • Area 10
  • Country Cayman Islands

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