About Kool Acres
Discover a prime investment in the Kool Meadows community, just off Joe Farrington Road. This turnkey, fully occupied fourplex offers immediate cash flow with 100% occupancy and a steady $50,400 annual rental income, delivering a strong 9.6% gross yield based on the asking price. Perfectly suited for both seasoned investors and first-time buyers, this property is in excellent condition and requires minimal upkeep. The quiet, family-friendly neighborhood ensures strong, stable rental demand, with easy access to shopping, major roadways, and top public and private schools making it a magnet for long-term tenants. A standout feature is the value-add potential current rents are below market, providing a clear path to increased income and improved returns. With strong tenant demand, low vacancy risk, and immediate cash flow, this is a must-see multifamily asset in one of the most consistently rentable areas. Don’t miss your chance to secure a high-performing asset with both immediate returns and long-term growth potential.
Features of Kool Acres
| Listing ID | 67756 |
|---|---|
| Price | $525,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,907 |
| Acres | 0.20 |
| Type | Residential |
| Sub-Type | Triplex |
| Style | Apartment |
Community Information
| Address | Kool Acres |
|---|---|
| Area | Fox Hill |
| City | New Providence/Paradise Island |
| Country | Bahamas |
Amenities
| Parking | Open |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Ceramic Tile |
|---|---|
| Interior Features | None |
| Cooling | Split |
| Has Basement | No |
Exterior
| Exterior | Finished Concrete |
|---|---|
| Lot Description | Family Oriented, Low Maint Yard, Shopping Nearby, Road - Paved, Can Be Rented |
| Roof | Asphalt Shingle |
| Construction | Concrete Block |
| Foundation | Yes |