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WEST BAY MULTI-UNIT INCOME PRODUCER

MLS #415960 | West Bay North West, Cayman Islands
  • 2,800
  • 7
  • 6
CI$825,000
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CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD
Mortgage Calculator
Mortgage Calculator lets you estimate your monthly mortgage payment input different prices, terms, interest rates, and down payments and see varying monthly loan amounts.
CI$ 3,543

About This Property

A well-maintained, multi-unit income producing property, only minutes from the Morganville development currently under construction, and an easy drive to Northwest Point drive. The property sits on 0.4 of an acre, with mature trees and a well manicured garden. There are 3 buildings on the property, one concrete, and two frame, the latter that has been on the property for more than 6 years. Combined, they are currently bringing in a gross rental income of CI$ 88,200 per year. Kindly see the configuration and currently rental breakdown : Building A Unit 1 - 1B/1B studio renting at CI$ 950 per month Unit 2 - 2B/1B main house, renting at CI$ 2,200 per month Unit 3 -1B/1B studio renting at CI$1,000 per month Building B Unit 4 - 1B/1B renting at CI$ 1,200 per month Building C Unit 5 - 1 B/1B studio renting at CI$ 1,000 per month Unit 6 - 1 B/1B studio renting at CI$ 1,000 per month


Property Features

  • Property Type
    Multi-Unit (Apartment Building/Condo Building)
  • Year Built
    1987
  • Bedrooms
    7
  • Bathrooms
    6
  • Sqft
    2,800 ft2
  • Acres
    0.4
  • Block
    4B
  • Parcel
    94
  • Lot Size
    0.40
  • Views
    Garden View
  • Furnished
    Yes
  • Zoning
    High Density Residential

Mortgage Calculator

Mortgage Calculator lets you estimate your monthly mortgage payment input different prices, terms, interest rates, and down payments and see varying monthly loan amounts.
Mortgage Term(Years):
Interest Rate(% Per Year):
Principal Amount($):
Down Payment(%):
Amortization(Years):
Your Estimated Payment
Down Payment Required
CI$ 165,000
Mortgage Principal
CI$ 660,000
Monthly Payment
CI$3,543
Still Owing at End of Term
CI$0

*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).
Debi Bergstrom
Debi Bergstrom
+1 (345) 516-0079

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WEST BAY MULTI-UNIT INCOME PRODUCER

WEST BAY MULTI-UNIT INCOME PRODUCER

Buyers Over CI$825,000
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