Your Agent for Life
163 Baillou Hill Road
New Providence
Bahamas
Details
| Address | Kool Acres |
| Area | New Providence/Paradise Island |
| Sub Area | Fox Hill |
| Country | Bahamas |
| Price | BSD 525,000 |
| Property Type | Triplex |
| Bedrooms | 7 |
| Bathrooms | 4 |
| Floor Space | 2907 Square Feet |
| Lot Size | 0.20 Acres |
| Parking | Open |
| MLS® # | 67756 |
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.
Listing Courtesy of the Bahamas MLS
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