FOR SALE: APARTMENT BUILDING IN EL SOCORRO SOUTH


Price

$4,800,000 

Property Details


Property ID:
BOK-1098646

Location:
El Socorro South, Aranguez El Socorro San Juan 

Bedrooms: 14 Bathrooms: 7 Sq. Footage: 13000sq.ft.


UnfurnishedGated CompoundAir ConditioningUtilities includedSecurity CamerasRemote GateFreehold LandFully FencedWater TankWater Pump

About this Property


📍Location: Don Miguel Extension, El Socorro South
💰Price: $4.8M

🔑Looking for a lucrative real estate investment with excellent income potential? This property offers 7 fully equipped 2-bedroom, 1-bathroom units, with additional decking already in place for 3 more units, bringing the potential total to 10 units!

Property Features:

🔸(7) 2 Beds/1 Bath Units each with:
▪️Utilities Included (Electricity, Cable with Movie bundle, Wifi)
▪️Open Concept Living/Dining Area
▪️Built in Kitchen Cupboards
▪️Fully tiled throughout
▪️Hot and cold water
🔸Decking for 3 Additional 2 Bed/1 Bath units (totaling 10 units)
🔸Land Size: 13,000 sq ft
🔸Freehold Land
🔸Unit Sizes: 600-750 sq ft
🔸(2) Electrical Meters (1 per building)
🔸(4) 1000 Gallon Water Tanks with 2 Water pumps
🔸Secured Parking for Tenants & Guests
🔸Surveillance Camera System
🔸2 mins from Churchill Roosevelt Highway
🔸 Close to Amenities for Everyday Convenience

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Viewing Requirements


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About the Region


Aranguez
Well known for having one of the largest savannahs in Trinidad, famous for hosting Political rallies and Sporting competitions, it has also been reformed as a major attraction site for exercising. Aranquez is classed as a residential area and the Aranquez Main Road provides businesses such as food, bars, retail trade, warehousing, car care, maintenance, parts etc. As a result of economic growth, agricultural land is being developed as the land statuses are changing to residential. While there are many successful gardens still operational and supplies its perishable items locally, most land owners have either sold or converted to apartment rental businesses. The area offers a health Facility known as the Aranquez Health Center. Most travelling activity to places are done either walking, taxi or driving. Many main services such as Banking, administration or groceries, and popular food outlets are located in the San Juan area which is approximately five minutes’ commute. Aranquez is well protected by the San Juan Police and Fire services which is a very short distance away.

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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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