Apartment Complex For Sale

  • $21,500,000
Rock Road, Penal-Debe, Trinidad and Tobago
For Sale

Apartment Complex For Sale

Rock Road, Penal-Debe, Trinidad and Tobago
  • $21,500,000

Description

Apartment complex for sale located one minute as you drive into Penal Rock Road, this building is located directly after FCB on the left. This complex is gated with 3 buildings on one property, one supermarket, and two apartment buildings accessed by card key and remote control

The complex is 95% tenanted, with two access points, a gate to the front and a gate to the back which is on Dookie trace. There is multiple parking spaces to the front and to the back of the building

Each unit is self-contained with indoor laundry, they were designed with comfort & privacy in mind, all units come with porcelain tiles & lots of kitchen cupboard space.

With easy access to public transportation, it is also located minutes from:

Bhupsingh Park, The Penal Police Station, Penal Market, KFC, Royal Castle, Subway, Gas station, Southern Food Basket, 3 major schools, Scotia Bank, hardwares, Vidalis Bakery, just to name a few. As an investment property, the buyer will be buying a property that is 95% tenanted, with room for expansion & has an established supermarket in front that supplies the neighbouring people with their regular grocery needs. In addition, there is a veggie mart, fish depot, and mini mart across the road.

Building #1 Approximately 12,916 sqft

Ground Floor

(5) Condo style 2-bedroom, 2 toilet & bath, kitchen & living/dining quarters, indoor laundry, and 1 porch

First Floor

(10) Townhouse-styled apartments, 2-bedrooms, 1 toilet & bath, kitchen, living/ dining quarters, indoor laundry, 2 porches

Total Apartments 15

Building #2 Approximately 12,862 sqft

Ground Floor

(5) condo style 1-bedroom, 1 toilet & bath, kitchen, living/dining quarters, indoor laundry porch, 1 porch

First floor

(10) Townhouse, 2 bedrooms, 1 toilet and bath, kitchen, living/dining quarters, laundry room, 2 porches

Total Apartments 15

Building #3 (front of the building) Approximately 3,500 sqft

Currently Tenanted as an established Supermarket

The top of the Supermarket has room to make additions, 2 floors could be added

Great investment opportunity, listed price TT$21.5M negotiable

Details

  • Property ID: 41043
  • Price: $21,500,000
  • Property Size: 29278 Sqft
  • Property Type: All Residential Properties, Apartment, Apartment Building
  • Property Status: For Sale
  • Address Rock Road, Penal
  • State/county Penal
  • Country Trinidad and Tobago

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