Overview
- Apartment
- 9
- 9
- 762 Sq Ft
Description
Fully Income-Producing Nine-Unit Apartment Complex, Less Than Two Years Old
An exceptional investment opportunity is offered with this fully income-producing nine-unit apartment complex, located at 51 Border Avenue, St. Andrew, Jamaica. Built under two years ago, this modern development is currently 100 percent occupied, providing immediate cash flow and a turnkey acquisition for the discerning investor. Each unit is a one-bedroom apartment of approximately 762 square feet, designed to balance comfort and functionality while appealing to a broad tenant base.
Three of the apartments are tastefully furnished, and the remaining six are supplied with major appliances. This mix reduces near-term capital outlay for the owner and supports consistent rental demand. The property features porcelain flooring and finished concrete siding, contributing to low maintenance and a contemporary aesthetic. Utilities connect to the National Water Commission, and multiple designated carports provide tenant parking.
With established tenancy in place, investors can realize a stable income stream from day one. The relatively new construction and strong rental performance make this asset suitable for addition to an investment portfolio or as an entry point into the multi-family market. The lot measures approximately 0.2454 acres, and the building contains nine bedrooms and nine bathrooms in total. Detailed financial statements, tenancy schedules, operating expenses, and additional property particulars are available to qualified purchasers upon request.
Address
Open on Google Maps- Address: 51 Border Avenue
- State/county: St. Andrew
- Zip/Postal Code: 00000
- Area: Kingston 19
- Country: Jamaica
Details
Updated on June 20, 2026 at 12:20 am- Property ID 102774
- Price J$ 299,000,000
- Property Size 762 Sq Ft
- Land Area 0.2454 Acres
- Bedrooms 9
- Bathrooms 9
- Property Type Apartment
- Property Status For Sale
- Agency Jamaica Sotheby's International Realty
Additional details
- Lot/Acres 0.2454
- Sq Ft 762
- Flooring Porcelain
- Type Property
- Siding Finished Concrete
- Water/Sewer NWC
- Parking Multiple C/P
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