10 Unit Income Producing Apartment Building On Canal In Lucaya

Over 100 feet of Deepwater Dock with Boat Slips

1 BD

1 BA

Single Family Home

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Listing details

Ref# 23744
Price $925,000
Property type Single Family Home
Status Active
Beds 1
Baths 1
Square Feet 8,890
Lot Size 43,965 sq ft or 0.52 Acre
Island Grand Bahama
Subdivision Bell Channel Bay Unit
Features Canal Front
Condo Fees/Home Owners Fees
Dock
Pool
Lot 10 & 11
Unit 4
Block 13
Rental Price $1,200
Rental Term Monthly
Maint. Fee -

Contact

James Sarles
Phone: (242) 351-9081 Mobile: (242) 727-8888 View bio

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Highlights

8 - 1 Bedroom 1 Bath Units

2 - 2 Bedroom 2 Bath Units

Adjacent Lot Available

108' on the water

Description

Taino Gardens is an Excellent Income Producing Property in a prime area on the canal in Lucaya that is easily rented. Taino Gardens Condominium is situated in the Bell Channel Bay Subdivision and consists of 10 units. (Eight 1 bedroom 1 bath and Two 2 bedroom 2 baths). Spacious 1 bedroom apartments rent for $750 and 2 bedrooms rent for $1,200. The well built apartment complex is located on Bell Channel deep water canal with over 108 feet of canal frontage with 8 boat slips with room to build additional slips. The property is situated on 2 multi-family high rise lots with opportunity to build a second building on the adjacent lot. The building amenities include swimming pool, private docks, ample parking, laundry facilities, and is directly across from Bahamas Adventure Beach. The apartment complex needs a bit of TLC but has great potential. With deep water dockage and a short walk to the beach, Taino Gardens is just 10 minutes from downtown Freeport and 5 minutes from Port Lucaya Marketplace, and the Grand Lucayan Hotel. This 10 unit apartment building is very well priced for a sale in this Buyers Market. Listed Exclusively by James Sarles.

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