Lighthouse Look Apartment Building, Atlantic Shores

Description

Lighthouse Look is a 2-storey apartment building consisting of 8 apartments located in the sought after neighborhood of Atlantic Shores, Christ Church, Barbados. Fully furnished and recently renovated, this building boasts three one-bedroom, one bathroom apartments and five two-bedroom, one bathroom apartments ranging in size from 468 to 775 square feet.

The apartment floor plans are attractive with fully equipped kitchens, and comfortably furnished living areas which open onto the private dining terraces overlooking the neighborhood. The air-conditioned bedrooms are comfortably furnished with twin or queen beds and there are adjoining bathrooms with walk-in showers. There are also security grills on the ground floor apartments, mosquito screens, in-room safes and on-site security cameras.

Each apartment is metered separately for electricity and water is shared. There is a separate shared laundry area with 2 commercial sized washers and dryers, as well as back up water and convenient onsite parking. This attractive apartment building is located in an area well known for cliff walks, paddle boarding and surfing and is a short drive to the stunning Miami Beach and bustling historic town of Oistins which boasts an array of amenities and restaurants.

The apartments are all rented long term at the moment and achieved monthly rates ranging from US$1150 to US$2100 per month inclusive of utilities (electricity cap of US$100) per month. Demand in this sector is high and vacancy levels are close to zero. The apartments have great short term rental potential as well due to the sought after location. Lighthouse Look is a fantastic turn key investment opportunity which can be purchased with existing favourable cash returns in place.

TNV

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* Property ID: 47092
* Price: USD$1,600,000
* Property Size: 5500 Sq Ft
* Land Area: 10016 Sq Ft
* Bedrooms: 13
* Bathrooms: 8
* Property Status: FOR SALE

* Address Lighthouse Lane, Christ Church, Barbados
* City Bridgetown, Barbados
* State/county Christ Church, Barbados
* Country Barbados