The Sun Spott - High Producing Vacation Rental (3 Units) — Property Cayman | Real Estate Experts in the Cayman Islands
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The sun spott – high producing vacation rental (3 units)

699,000 CI$

Residential with a Garden View at Prospect & Spotts

About this property

Potential income of US$120,000 per year! Remarkable opportunity to purchase this high producing multi-unit vacation rental property across from Spotts Beach.  This Caribbean Style Tri-Plex offers 3 independent 2 story units each with their own indoor laundry and independent central AC.  Built in 2008, this turn key property features a fabulous wrap around deck and balcony, PGT windows, granite counter tops, extra hurricane strapping with metal roof, parking for 6 cars, and an electric meter for unit 1 and a shared electric meter for units 2 & 3. A total of 3 bedrooms and 4.5 bathrooms with a breakdown of Unit 1 1Bed/1Bath, Unit 2 1Bed/1.5Bath, Unit 3 1Bed/2Bath.  Only Units 1 & 3 are currently being vacation rented which the owner manages himself, those are grossing US$80,000 total, so if you were to vacation rent all 3 units potential annual gross income will be in the range of US$120,000.Unique high producing income property with great road frontage.  Call agent to view. 

Property Details

Bedrooms: 3Bathrooms: 4.5
Sqft: 2800View: with a Garden View
Interior features: AC:Central, TV:CableYear Built: 2008
Outdoor Features: garage:No, porch:Unscreened, fence, patio, carPort:No, garage:No

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Neighbourhood

Just a short commute from the city centre, the Red Bay and Prospect areas are largely residential with a huge selection of homes to choose from with both high and low-density areas, various luxury canal front homes as well as affordable family homes. Red Bay features the Grand Harbour shopping center including a supermarket, as well as its own primary school and large sports center, making it popular with expat and Caymanian families.

The neighbourhood for families

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