Apartment Building Investment Opportunity in Montego Bay

Located at 595 Farm Pen, St. James, Jamaica, this apartment building presents a rare investment opportunity in the heart of Montego Bay. Situated in the peaceful and elevated community of Farm Heights, the property offers a total of nine self-contained units, making it suitable for both long-term rentals and short-term vacation stays.

Unit Breakdown

4 Two-Bedroom Apartments
2 One-Bedroom Apartments
3 Studio Apartments

The building is currently fully tenanted, providing a turnkey investment with immediate rental income. Montego Bay is known for its high demand for rental properties, which contributes to a steady cash flow for property owners.

Farm Heights is a well sought-after residential area. The location is also ideal for Airbnb or vacation rentals, given its proximity to beaches and popular tourist attractions. The property is positioned on an elevated lot, offering scenic views and cool breezes throughout the year.

Property Features

– Secure gated compound
– Ample parking with multiple covered parking spaces
– Lot size: 0.1344 acres
– Total bedrooms: 13
– Total bathrooms: 13
– Flooring: Ceramic tile
– Siding: Finished concrete
– Water and sewer: NWC
– Year built: 2021

The property may require some minor updates and maintenance. However, its core features include a secure environment, generous parking, and a convenient location. Residents benefit from close proximity to schools, shopping centers, churches, health facilities, the airport, and downtown Montego Bay.

Property Status

Type: Apartment
Status: For Sale