Singh Street, El Socorro


Price

$2,700,000  

Was: $ 3,000,000

Property Details


Property ID:
BOK-534850

Location:
El Socorro 

Bedrooms: 12 Bathrooms: 6 Parking: 4 Sq. Footage: 4942sq.ft.


UnfurnishedParking on CompoundFreehold LandKid Friendly

About this Property


Singh Street – Income-Generating Investment Opportunity 

This fully-tenanted apartment building sits on 4,972 sq. ft. of freehold land and offers approximately 3,500 sq. ft. of living space. It comprises six 2-bedroom, 1-bath units—totaling 12 bedrooms and 6 bathrooms—making it an excellent turnkey investment.

The property currently generates an average monthly income of $20,000, offering strong and steady returns.

This is a solid opportunity for investors looking to grow their portfolio with a property that delivers immediate returns.

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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