SEARS HILL 8-PLEX,Sears Hill Road
Property Details
Island: New Providence/Paradise Island
MLS#: 57909
Lot Size: 12,000 sq. ft.
Living Area: 4,100 sq. ft.
Property Type: Apartment Complex
Excellent investment opportunity in a very convenient and central location. This 8 unit apartment complex on Sears Hill Road collects nearly $6,000 per month, however, tenants are under charged and units can rent for easily $850-$900 per month each. Currently used as 8 – 1 bedroom apartments, but can be renovated and converted to an office complex. Each unit has a bedroom, living/dining room, kitchen and bathroom. The building is hilltop and has nice views looking south over New Providence. Ample parking available and very well built and maintained property. A commercial building of this size and construction is hard to find in this area. Interested in adding to your income producing and commercial real estate portfolio? Make this yours today!