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WHITE SOUND APARTMENTS,  Abaco,  Elbow Cay

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Description

A solid investment with projected 9% return on investment after closing costs and repairs. Concrete block construction, built by one of Hope Town's most reputable builders, Kevin Albury. The main building has a total of 3,800 sq. ft. of finished living space, and 760 square ft. of verandah. There are 7 apartments: 3 - 2b/1b upstairs, and 4 - 1b/1b on the ground floor. A separate 144 sq. ft. CBS laundry room is conveniently located on the property for all tenants. The potential for a coin laundry open to the public could be a prosperous sideline business. Centrally located in White Sound on a 11,553 square ft. lot with room to expand. Cistern size: 16,000 gallons. Excellent rental history. Hurricane damage due to hurricane Dorian includes: Roof damage estimated at $50,000-$75,000. All damaged sheetrock and insulation have been removed. Other damage: rails, paint and some windows and doors. Being sold "as is". Listed by KERRY SULLIVAN REAL ESTATE

Room Sizes

  MAIN DOWN UP OTHER
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Property Information

list price: $550,000
mls: 40120
title: Freehold
total sqft: 3,800
finished: 3,800
lot size: 11,553 sqft
bedrooms: 10
bathrooms: 7
flooring: Ceramic Tile
basement type:
roof: Asphalt Shingle
construction: Concrete Block
foundation: Yes
parking type: Open
year built:
water: Rain Water
waste: Septic - Yes
property type: Apartment Complex
title of prop:
condo/maint. fee: $0
style: Other
lot #: B-18A
block #:
rental amount:
legal descr: Lot B-18A, White Sound, Elbow Cay, Abaco

Open House Information

There are no upcoming open houses available for this property at this time.


Information is from sources deemed reliable but it should not be relied upon without independent verification.
Not intended to solicit properties already listed for sale.
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