$2,375,000 $2,850,000

Berkley Court Apartments - Smith Road

12 bed   |   14 bath   |   8800 sqft

1 of 10

A RARE find these days- This Multi-family Listing presents a Phenomenal investment opportunity! SUPERB LOCATION!!! Recently refurbished 8 unit complex is comprised of 4x spacious 2bed/2.5bath townhouse style condos and 4x1bed/1bath condos. The owner recently spent over a $100k in improvements and in ADDITION, the property is being sold with an extra half acre of land that can be developed further down the road. The property and land is being sold with full set of plans for another 8 x 2bed/2.5 bath condos and pool. The buildings are in the process of being stratified; meaning that each of the condos can be sold separately as each will have its own title deed! Projected Gross annual income of ci$154,000 based on current rental rates and these rates are expected to increase slightly over the next year or 2. Property is well built and well maintained/managed. Call or email me for more details.

Key features

  • Price $2,375,000 KYD
  • View
  • Bedrooms 12
  • Bathrooms 14
  • Sq ft 8800
  • Type Apartment Building / Condo Building
  • Built 2000
  • MLS 412342

Property Details

  • Central AC
  • Cable TV
  • Septic tank
  • 2 stories

Neighbourhood Guide

Explore the areaGeorge Town

As Grand Cayman’s capital city, George Town is the business centre of the island

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