Apartment Building for sale in Sint Maarten, Beacon Hill. 5 studios and one 3-bedroom #366

Apartment Building for sale in Sint Maarten

FOR SALE in St Maarten beacon Hill: Apartment Building consisting of:
– five studio apartments on the lower floor
– one 3-bedrooms and 2-bathrooms apartment on the upper floor with two terraces

The property has one private owner and the bulding is dwelling on a freehold land.
It is located in the residential area known as Beacon Hill. Just 3 houses away from the white-sand Simpson Bay Beach! It is walking distance to the Sunset beach bar, casino, hotels, condos, maho night life & shopping area, Princess Juliana International Airport, bus stops & supermarkets & convenience stores. 

This concrete building is in good condition, well-mantained, renovated after Hurricane Irma in 2017. The roof is concrete slab. Upper Floor has aluminum shutters by entrance doors. Windows have plywood shutters.

The lot is fenced with full concrete wall with sliding entrance gate.

These is a parking for multiple cars within the yard and also few cars can park outside by the road.

There is a generator with connection to all units.

At this moment the long-term rental prices are:
– $700/month for the studio
– $2,500/month for the upper floor

Total 700*5 + 2,500 = $6,000

Because of the close location to Maho and Simpson bay beach apartments can be rented short-term as well, for the higher price.

Measurement Lower Floor + Upper Floor 158m2 x 2 = 316m2