For Sale – Apartment Complex


Price

$2,800,000 

Property Details


Property ID:
BOK-476730

Location:
Dookie Street, Penal, Penal 




Find More In: For Sale / Commercial   Penal 


About this Property


For Sale – Apartment Building

6 apartment complex
Dookie St in Penal:
2 minutes from the town of Penal
Each apartment is 2 bedrooms and a living and dining and kitchen along with washer dryer connection.
Secured parking for each tenant
Fitted with AC
3,500 is income from each unit
Also is an outside laundry area for each tenant
Asking 2.8 million for entire property as is with tenants.

About the Region


Penal
Penal is a town in south Trinidad, Trinidad and Tobago. It lies south of San Fernando, Princes Town, and Debe, and north of Moruga, Morne Diablo and Siparia. It was originally a rice- and cocoa-producing area but is now a rapidly expanding and developing town. The heart of Penal contains many businesses while the outskirts focus on agricultural development. Penal has a market, police station, branches of three banks (Scotiabank, Republic Bank and First Citizens Bank) health facilities, grocery stores, convenience stores, bars, fast food restaurants, service stations, restaurants, puja stores, an Indian expo, and clothing stores. Penal plays a major role in the energy supply to the nation's populace. Petrotrin, the national oil company, has a major sub-unit in Clarke Road and the National Gas Company has gas lines running through Penal that links the gas fields of the South East Coast and the industrial estates. One of the countries three major power generating plants owned by Powergen Ltd is located at Syne Village to the west of Penal. David Williams – West Indies Cricketer & Drupatee Ramgoonai- Chutney and Chutney Soca singer are both from Penal Trinidad.

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