Investment Property for Sale

This apartment complex is offered for sale in its entirety and is situated on nearly one-third of an acre of land, with additional space available at the rear of the property. The complex comprises six apartment units in total: four two-bedroom apartments and two one-bedroom apartments. All units are currently tenanted, generating a total monthly income exceeding $200,000.

The property benefits from a location that receives cool air from the nearby sea, which can be enjoyed from the top floor’s outdoor terrace. The sea is visible from this vantage point, adding to the appeal of the upper level. The complex is positioned less than three minutes from the newly constructed highway and is approximately twenty-five minutes from Kingston, providing convenient access to major routes.

The surrounding area is peaceful and is home to a community that includes many returning residents. The property is well-suited for those seeking an income-generating asset with consistent rental returns. It also offers potential for future growth, given the ongoing infrastructure development in St. Thomas and the associated prospects for increased property values.

Property Details

Location: 275 St. Thomas Drive, St. Thomas, Jamaica
Type: House
Status: For Sale
Style: House
Lot Size: 0.27 acres
Total Bedrooms: 10
Total Bathrooms: 6
Total Square Footage: 5,000 sq ft
Flooring: Ceramic Tile
Construction: Finished Concrete Siding
Water/Sewer: NWC
Parking: Open