Mount Pleasant Apartment Building — Property Cayman | Real Estate Experts in the Cayman Islands
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Mount pleasant apartment building

449,000 CI$

Multi-Unit with a Garden View at West Bay

About this property

Incredible investment property in a good neighbourhood. Comprised of 8 units including a studio apartment as well as a 3 bed and a 4 bed with shared kitchens and a shared coin laundry system. In the 3 bed portion of the property each room is CI$500 per month and in the 4 bed section, 3 of the rooms are CI$500 and the master is CI$650.  The coin laundry also brings in an additional CI$250 per month. Monthly expenses average around CI$875 so overall rental income per month is CI$3,625. ROI is 8%+. With multiple room options available, the property offers excellent rental potential for owner. Property is inaccessible so interior viewings are to be done through the 3D tour.

Property Details

Bedrooms: 8Bathrooms: 8
Sqft: 2570View: Garden View
Interior features: TV: No, AC: YesAcreage: 0.23
Outdoor Features: Garage: Yes, Pool: , Fence: , Tennis: , Porch: No

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Neighbourhood

West Bay is situated north of the infamous Seven Mile Beach stretch and largely made up of residential areas that are favoured by both Caymanians and expats alike. Only a short drive away from the activities and restaurants on Seven Mile Beach, and boasting its own public beach area, West Bay is a popular spot for families. Governors Harbour is a family-friendly neighbourhood situated just outside of West Bay and in close proximity to Seven Mile Beach and the increasingly popular ‘village’ of Camana Bay. There is a small selection of luxury waterfront homes and some condominiums with a large expat community base.

Loved by locals and close to it all

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