Property in Nassau / New Providence, Bahamas - Apartment Complex in New Providence/Paradise Island


Apartment Complex in Chippingham   Bedrooms: 14   Bathrooms: 14

Apartment

$799,000

Description of this Apartment Property in Nassau / New Providence

This remarkable two-story apartment complex is located in the heart of Chippingham, offering location close to Arawak Cay, the famous Fish Fry, Junkanoo Beach, and Downtown New Providence. This property is a unique investment opportunity, presenting multiple revenue streams and significant potential for enhancement. Prime Location: Situated in the vibrant central area of Chippingham, residents and guests will enjoy easy access to local attractions and essential services. The complex features a retail store space, and 13 spacious one-bedroom units, each offering 620 sq ft of living space. The 13 one-bedroom units are generously sized and perfect for long-term tenants or short-term guests. With an impressive annual rental income of $103,200, this property ensures a strong and steady return on investment. The location and layout of the complex make it an ideal candidate for conversion into an Airbnb. Imagine the increased income and appeal with with updates and renovations tailored for short-term stays. Capitalize on the booming vacation rental market in Nassau.

Bahama Property Highlights

Year Built: 2001
Construction: Concrete Block
Square Feet: 9900
Lot Size: 15544
Community: Chippingham

Features of This Bahamas Property


Unfurnished
Cable
 

Summary of this Bedrooms: 14   Bathrooms: 14 Property on Nassau / New Providence, Bahamas

MLS Listing Number: 58161
Property Type: Apartment


Courtesy of the Bahamas MLS

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