Atlantic Apartments presents a prime investment opportunity in St. James Parish, Nevis, poised to capitalize on the robust rental market fueled by the nearby University of the Americas. Built in 1998, this apartment complex consists of two 2-bedroom 1-bathroom apartments on both ends of the building, and one 1-bedroom 1-bathroom apartment in the middle, for a total of 5-bedrooms and 3-bathrooms. The building is set on a spacious 1-acre lot, offering flexibility for investors. Buyers can choose from three options:
- the entire 1-acre property with the apartment building for US$580,000 (reduced from US$600,000.00)
- the apartment building on a 0.5-acre lot for US$500,000
- a 0.5-acre plot of land only for US$80,000 (reduced from US$100,000.00)
Main Features:
- Property Size and Layout: The apartment building features two 2-bedroom 1-bathroom apartments on both ends of the building, and one 1-bedroom 1-bathroom apartment in the middle, for a total of 5 bedrooms and 3 bathrooms, offering ample space for tenants.
- Furnishings and Comfort: Fully furnished, the apartment includes air conditioning units in the bedrooms for added comfort, as well as newly purchased washing machines.
- Utilities: The property is equipped with essential utilities, including a cistern, internet, water, electricity, and cable TV connections.
- Materials: The kitchen consists of tile and wood countertops, while the bathrooms are fitted with tile countertops.
- Location: Conveniently located in St. James Parish, near the University of the Americas, enhancing its attractiveness for renters.
Atlantic Apartments, built in 1998, offers significant investment potential in a high-demand rental area, making it a compelling choice for investors.