Supermarket and 5 Apartments
- $678,000
Overview
- Commercial, Condos / Apartments, One bedroom apartment, Two Bedroom Apartment
Description
Prime Investment Opportunity in the Heart of Middle Region
Located in a highly populated area of Middle Region, is this exceptional investment property which offers a unique blend of commercial and residential spaces, perfect for the savvy investor. The building features a fully operational supermarket on the ground floor, providing a steady stream of income, alongside five recently renovated residential units spread across the two upper floors.
With an impressive annual rental income of US$ 71,400, this property is a true cash-flow machine.
Key Features:
- Two 2-Bedroom Units and Three 1-Bedroom Units: All fully rented and in excellent condition, recently renovated to a high standard.
- Spacious Parking: Ample space for both the supermarket and the residents.
- Security: The property is fully fenced and gated, with a secure key-entry system and private stairwell leading to the apartments, ensuring peace of mind for tenants.
- Private Balconies: Each apartment is equipped with its own private balcony, perfect for relaxation or outdoor enjoyment.
Why This Property is a Gem:
- Location, Location, Location: Situated in a densely populated area, this property stands out as one of the few offering both large retail space and spacious apartments.
- High Demand: There’s a clear shortage of supermarkets and sizable residential units in the region, making this property an unmatched asset in the local market.
- Strong ROI: With a return on investment (ROI) approaching 9%, this property promises not only consistent income but also significant long-term growth potential.
Don’t miss out on this rare opportunity to own a property that combines commercial stability with residential demand. Whether you’re looking to expand your portfolio or secure a reliable income stream, this investment is a winner.
Address
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Area: Middle Region
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Country: St. Maarten
Details
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Property ID CSSN016
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Price $678,000
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Property Type Commercial, Condos / Apartments, One bedroom apartment, Two Bedroom Apartment
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Property Status For Sale