Fully Tenanted Cashflowing Multifamily Investment Property, Arouca | For Sale


Price

$4,200,000 

Rent

Available on Enquiry

Property Details


Property ID:
BOK-573323

Location:
Arima Arouca D'abadie 

Bedrooms: 13 Bathrooms: 11 Sq. Footage: 6800sq.ft.


UnfurnishedAir ConditioningCovered GarageParking on CompoundRemote GateFreehold LandFully FencedKid FriendlyLaundry Area/FacilityBuilt-in ClosetsWater TankWater Pump

Find More In: For Sale Apartment/Townhouse Arima Arouca D'abadie 

This Property is a favourite of: 5 User(s).

About this Property


Are you looking to expand your real estate investment portfolio? 🏦🏡💰
For Sale – Fully Tenanted Cashflowing Multifamily Investment Property, Arouca💸
Asking Price: $4,300,000.00 TTD ONO
11 Apartments on compound, all occupied.
Financially sound investment, income generated from rentals cover monthly expenses and generates additional revenue.
The building pays for itself.
Current Monthly Income: $34,000 TTD
Potential Monthly Income: $35,000 TTD – $40,000 TTD
Estimated Monthly Mortgage Payments: $20,000 TTD (could be less, depending on downpayment)
Features:
11 units
One Bedrooms – 9 units
Two Bedrooms – 2 Units
Parking for 4 Cars
Close proximity to Bus Route and EMR, plus major amenities
Approx 6800 sq ft
Two shared laundry facilities, one for each floor.
Being sold with furniture and appliances
For more information, contact Brandon Da Breo at 495-9162 or email novusrealestategrouptt@gmail.com

About the Region


Arima
Arima, officially The Royal Chartered Borough of Arima is the easternmost and second largest area of the three boroughs of Trinidad and Tobago. This town is well known for its shopping areas located in the inner most portion of the town. It serves as a main trading hub for environs which makes the town considerably busy. Many persons visit Arima to relax and enjoy the wide array of local bars and street food offered such as burgers, doubles, gyros etc. Home to the famous drag malls, persons can visit Arima to purchase items of Rastafarian heritage. Arima, has primary and secondary schools, hospitals, police and fire services readily available. It attracts persons from all over as it hosts exciting borough day & Jouvert celebrations Fun fact, Arima is home to the indigenous people known as the “Caribs”. They are mainly found in the area of Arima called Calvary Hill which attracts many tourists as the Caribs were a well-known tribe in their time.

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Arouca
Arouca is a town in the East–West Corridor of Trinidad and Tobago located 19 km East of Port-of-Spain, along the Eastern Main Road. It is located west of Arima, east of Tunapuna and Tacarigua, south of Lopinot, and north of Piarco. It mainly comprises residential housing. There are several schools located in Arouca including the Bon Air Primary School, Arouca Anglican Primary School, Arouca Girls R.C., Arouca Boys R.C., Arouca Government Primary Schools and Bon Air High School. Arouca is home to four prisons and one correctional facility. These include the Golden Grove Prison, Remand Prison, Women's Prison and Youth Training and Rehabilitation Centre.

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D'abadie
D'Abadie is a community located in the Tunapuna-Piarco regional corporation in Trinidad and Tobago. Its population is approximately 5,827 people. Some businesses include Arawak Chicken Factory, D'Abadie Discount Hardware Limited and PriceSmart Wholesale Club. Some schools include Pinehaven S.D.A. Primary School and D'abadie Government Primary School. One of its attractions is Cleaver Woods, a park dedicated to the history and culture of the indigenous Caribs.

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