PPA,
Premium Property Condo/Apartments
True Blue
St.george
Grenada
West Indies

MLS#: 1154268

$3,500,000 USD

Type
Apartment
Bedrooms
21
Bathrooms
16
Home/Lot size
870m²
The details

Property features

Date Updated: Mar 5, 2024

Construction details

Building condition
excellent

Other features

Property features
Laundry
Patio

Area

Property size
870m²
Land/Lot size
1,249m²
Bedrooms
21
Bathrooms
16
Cooling system
Air Conditioning

Description

Investment Opportunity: Prime Apartment/Condo Complex in True Blue, St. George’s Grenada Discover a meticulously maintained apartment complex nestled in the prestigious neighborhood of True Blue, St. George’s, Grenada. Strategically positioned along the SGU bus route and public transport network, this property boasts two residential structures on a sprawling compound spanning 13,442 sqft of paved surface. Comprising 29 single one-bedroom apartments and 5 two-bedroom units, totaling 39 fully functional residences, the complex is in high demand for long-term rentals, particularly by students attending the nearby St. George’s University. Located a mere 0.37 miles or a 10-minute walk from the university campus, the complex presents an exceptional investment opportunity. The flexible design of the buildings lends itself to various conversion possibilities, including transforming it into a Condo Apartment, a CBI Project, or even a boutique hotel. Explore the potential of this lucrative investment in Grenada's growing real estate market.

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Location

Premium Property Condo/Apartments
True Blue
St.george
Grenada