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Springfield Courts # 17,18,19,20 - Multi Family

  • George Town, Cayman Islands
CI$818,000

Property Description

  • Bedroom:4
  • Bathroom: 4
  • Area: 2,488 Sq. Ft.
  • Acreage: 1
  • Year Built:1996
  • MLS#:411704
  • View:Garden View
  • Type:Multi-Unit
  • Status:Current

Conveniently located to Kirks super market and is only a few minutes’ walk to the Seven Mile Beach corridor. Both the Hilton and Grand Hyatt Hotel projects are being built within a short walking distance to this complex and will be the perfect rental property for staff and construction workers that will be employed by these resorts. LOW strata fees combined with strong rental income makes this an excellent investment property. NET ROI based on current rentals is roughly 7% with upside to get to 9-10% within the next year or 2. There is also an option for a bulk purchase of 10 x 1 bed units AND 6 X 2 bed units so please email or call me for more details and sales package.

Property Features

Kitchen Features

  • Oven (Electric)

Interior Features

  • AC (Central)
  • TV (Cable)

Building Features

  • City Water
  • Living Room
  • Family Room
  • Kitchen Area

Additional Features

  • Furnished

Outdoor Features

  • Porch (Unscreened)
  • Water Frontage (No)

Title

  • Freehold

Map

  • Springfield Courts # 17,18,19,20 - Multi Family
  • George Town

See It Today

Call +1 (345) 949-9772 or schedule here.

Kim Lund

Broker/Owner
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