Apartment Building for Sale – El Soccorro


Price

$2,600,000 

Property Details


Property ID:
BOK-659351

Location:
El Socorro San Juan 

Bedrooms: 9 Bathrooms: 5 Parking: 8 Sq. Footage: 5540sq.ft.


UnfurnishedMove in ReadyFreehold LandFully Fenced

Find More In: For Sale Apartment/Townhouse El Socorro San Juan 

This Property is a favourite of: 7 User(s).

About this Property


El Soccorro – Introducing a Prime Investment Opportunity! Discover the epitome of convenience and profitability with this apartment building, strategically located just off Boundary Road. This remarkable freehold property, measuring approximately 5,540 Sq. Ft. of land, offers a unique chance to secure a solid investment in a sought-after neighbourhood.

Key Features:

Ideal Location: Nestled in a gated compound, the apartment building enjoys unparalleled accessibility. With seamless connections to the Churchill Roosevelt Highway and excellent public transportation options, commuting is a breeze for tenants and visitors alike.

Five Units, Five Streams of Income: This property comprises of five individual units (Four- 2 bedroom units and One Studio apartment), ensuring a steady flow of rental income. Each unit is meticulously designed to offer privacy and comfort, allowing tenants to feel right at home.

Independent Utilities: With separate meters for each unit, tenants have full control over their electricity consumption. Additionally, individual water tanks provide uninterrupted water supply, offering convenience and peace of mind.

Personalized Amenities: Each unit boasts its own dedicated mailbox, ensuring privacy and convenience for all residents. Ample parking facilities are also available, providing hassle-free parking for tenants and their guests.

Income Generating Potential: With a fully tenanted apartment building, you can reap the benefits of immediate cash flow. Whether you’re an experienced investor or a first-time buyer, this freehold property promises a remarkable return on investment.

Listed at $2.6M TTD . For viewings or further information, please call 781-4784.

About the Region


El Socorro
El Socorro is considered as a residential area. Along the El Socorro Main Road, you can find many small businesses such as wholesale or retail, its many Chinese cuisines and gas service stations. It is well known for the El Socorro Mosque which is heavily attended on days of prayer & provides charity for the poor. All of its roads are connected to its environs such as Barataria, San Juan or Aranquez which makes it easily accessible to other business services that maybe required. This district is separated into two areas, North & South. The Southern side has grown tremendously and focuses more on the commercial activity such as Manufacturing of Paints, Beverage, Clothing, Marine and has many warehousing facilities for FMCG operations. Residents who live amongst these sectors have grown accustomed to this life style and have begun benefiting from it as many small businesses have been developed (Parlors, bars, groceries food outlets) to provide sustenance for employees. It is protected by the El Socorro barracks. Commuting is easily available and on both the Northern and Southern side of El Socorro.

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San Juan
San Juan (pronounced, in the local English dialect, "sah-wah") is a town in Trinidad and Tobago. Located in San Juan–Laventille region in Saint George County, it lies within the East-West Corridor Metropolitan Area, between Barataria and Saint Joseph. The local nightlife includes many pubs and bars along the main streets of San Juan. The nightlife facilities are available daily until approximately midnight, on Fridays and Saturdays nightlife goes until 5am. Aranguez is home to one of the country's most popular savannahs, Aranguez Savannah. Aranguez Savannah hosts major celebrations and events including Holi, Diwali, Eid al-Fitr, Hosay, Carnival, cricket games, and The Samaan Tree Rock Festival among many other live concerts. San Juan is well known for its busy day life as many working class people use this town as an in transit junction. It serves as a main supply for environs as it facilitates business ventures such as markets, groceries, wholesale and other retail shops.

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NOTE: This Property was Sold!