$ 1,693,107 USD / $ 4,600,000 ECD
Details
Description
Multi-Unit Investment Property for Sale in Lance Aux Epines, Grenada
A remarkable investment opportunity is available with this modern property for sale, perfectly positioned in Lance Aux Epines, St. George, Grenada, only minutes from the St. George’s University (SGU) campus located in True Blue. Owing to its highly desirable location, the property is ideal for student accommodation, long-term rentals, or short-term leasing options.
Situated within one of Grenada’s most sought-after rental communities, the property benefits from strong and reliable rental demand year-round.
Rental Income and Investment Potential
This property presents strong income-generating potential for investors:
Units are currently tenant-occupied
Current/Projected long-term rental income
Current/Projected short-term rental income
All apartments are fully furnished and equipped
Six-Unit Apartment Complex with Flexible Layout
This thoughtfully constructed complex features four spacious two-bedroom, two-bathroom apartments. Each unit is designed with comfort, practicality, and modern living in mind. The building spans three floors, accommodating two apartments per level, all connected by an internal stairway system. In addition, exterior stair access serves the first and second floors, while a separate upper stairway provides access to the third level.
An external laundry facility equipped with a washer and dryer is also included. This space additionally offers secure storage for maintenance equipment and general supplies, enhancing the overall functionality of the property.
Fully Furnished Apartments with Open-Concept Design
Each apartment showcases a comfortable open-concept design, where the living area transitions seamlessly into a fully outfitted kitchen, creating a practical and inviting environment. Furthermore, the kitchens are stocked with everyday essentials, including cups, glasses, bowls, cookware, dishes, and cutlery, making the units move-in ready for both short-term guests and long-term tenants.
Interior finishes feature warm wooden furnishings, soft ambient lighting, and elevated ceilings, all of which contribute to a bright and relaxed living atmosphere.
Comfortable Bedrooms and Private Bathrooms
Every bedroom is furnished with a full-size bed, clothing closet, and dresser complete with a personal mirror, offering both convenience and comfort. Additionally, each apartment contains two en-suite bathrooms, ensuring privacy and ease of use for residents or guests.
Overall, this six-unit apartment complex delivers an attractive blend of location, functional design, and income opportunity. It is well-suited for investors seeking a dependable rental property near SGU and performs equally well for student housing or mixed rental strategies. Ultimately, this property represents one of the standout multi-unit investment opportunities available in Lance Aux Epines, Grenada.
Useful Information:
- How Rental Income Properties Work in Grenada
- Best Types of Real Estate Investments in Grenada
- Short-Term vs Long-Term Rentals in Grenada
- What Makes a Property a Good Investment Opportunity in Grenada
- How Tourism Impacts Investment Property Demand in Grenada
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Amenities and Features
