Description:

Beacon Hill, Commercial Building Rental Income, St. Maarten, SXM.

Commercial Building Rental Income, Real Estate, Beacon Hill St. Maarten, SXM

INTRO

A condominium building with excellent investments opportunity. The building is located in the residence of Beacon Hill, St. Maarten. Which gives great access to Maho Village. Bubbling with bars, restaurants, exclusive shopping, gourmet supermarket, casino and nightlife. Maho Beach is within walking distance which is well known. As you enjoy the airplanes as they fly overhead. Also, within walking distance is the Burgeaux Bay and the Simpson Bay Beach. The Simpson Bay Beach is considered one on the longest beach on Dutch St. Maarten. The total floor area of the building is 312M2 with each lever having a floor space of 156M2. A complete renovation of this building was done in 2017.

THE BUILDING

A beautiful and full renovated condominium building. Consisting of 6 units in a 2-level building with exceptional investments gain. One 3br, 3bths penthouse on the top level with spectacular views. A 1br, 1 bth unit and 4 studio units on the lower level. Each unit has installed 110/220V electrical wiring. Making this building ideal for longterm or short rental. This is an ideal property for Airbnb vacation rental.

CONDOS SPECIFICATIONS

Condo building: 2 levels of 6 units. 1 unit on the top level of the building Consisting of 3 Bedrooms, 2 Bathrooms, living room, kitchen, porch/balcony, hurricane shutters. 5 units on the ground level of the building 1 X 1 Bedroom, 1 Bathroom, living room, dining room, kitchen, porch/balcony 4 Studio apartments each with a bathroom, open living and kitchen space.

OTHER

The property consists of a manual back-up generator of 6KW. Cameras for the safety and security of occupancy of the property. A small cistern in on the property, however it is not in use. The property provides ample parking on the premises. Insurance approx. $3000 annually. SMI Real Estate, Beacon Hill, St. Maarten / SXM.