About this Property
Nestled within the tranquil embrace of the Valley of Maracas St. Joseph, is a remarkable investment opportunity. This property offers more than real estate—it’s a pathway to financial prosperity. This property holds the significant potential to generate income exceeding $25,000. —an enticing prospect for savvy investors seeking security and growth.
It features 6 x 1 Bedroom apartments and a 2 Bedroom apartment all equipped with A/C. There is also an additional 2 Bedroom apartment, but this unit requires completion.
At its back door there is a stairway leading to a river providing a calm and relaxing space and environment for your tenants.
Situated at the property’s front, the investment extends further with promising rental opportunities. A Mini Mart/Vegetable stand and Food service stall, complete with a well-equipped kitchen and appliances, enhance the appeal. Positioned directly on the Maracas Royal Rd, it becomes an essential and convenient stop for commuters along the route, amplifying its allure. Moreover, this setup adds to the convenience experienced by the apartment tenants.
The asking price is $3.35million, open to negotiation.
About the Region
Maracas
Maracas is located in Northern Trinidad and Tobago. Famous for its beaches, Maracas Bay and Tyrico Bay which can be found along the North Coast Road.
At Maracas you can find Churches, service station,bars, resorts and many food outlets.
Most citizens and tourists visit Maracas as Trinidad's number one beach is located here.
St. Joseph
St. Joseph was founded in 1592 by Antonio de Berrio and is the oldest town in Trinidad and Tobago. Originally named San José de Oruña, it served as the capital of Spanish Trinidad between 1592 and 1783. In 1595 the place was attacked and held by Sir Walter Raleigh and was used as a base for his exploration of the Orinoco river in search of the fabled city of El Dorado. Soon after his return the place was burnt and sacked.
St. Joseph is not an incorporated municipality. It falls within the boundaries of the Tunapuna–Piarco region.
Today it is the home of several different schools, including St. Joseph's Convent, St. Joseph, St. Joseph Boys Roman Catholic School, St. Joseph Girls Roman Catholic School, St. Joseph Government School, St. Joseph College, T.M.L Primary School, St Joseph and St. Xavier's Preparatory School.
