Hope Town Apartments
Property Description
Excellent investment opportunity in Hope Town. Seven unit apartment complex with excellent rental history; always a waiting list. There are 4 one bedroom, one bathroom apartments and 3 two bedroom, one bathroom units.
Features include a 1,200 gallon per day watermaker that keeps the cisterns full. Units are metered separately for water and electricity. There is laundry room for tenants that brings in additional income for the owners. All units are central air conditioned, partially furnished, and have ceramic tile floors.
The one bedroom units rent for $675 per month and have an allowance of 600 gallons of water per month.
The two bedroom units rent for $825 per month and have a water allowance of 800 gallons per month. Water over these amounts are then charged 10 cents per gallon.