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  • Price: $5,200,000
  • Land Size: 1.03 acres
  • Property Type: Apartment Building
  • Listing #: 5594
  • Status: New

Cable Beach, West N.P., Nassau/New Providence

Family owned and operated for over 40 years, Cable Beach Manor offers you one of the best locations in Cable Beach for owning a beautiful apartment complex on the beach. Built in 1940 and expanded in 1966, Cable Beach Manor offers a traditional feel with modern amenities. Surrounded by tropical landscape, a total of 34 units include a selection of studio, one bedroom and two bedroom residences are spread across 2, two-storey buildings. The property also features a 1,500 sq. ft. office, utility building, ample parking, an entertainment/barbeque area, swimming pool, and 150 ft. private, sugar-sand beach. With the Sandals Resort next door, the new multi-million dollar BahaMar project just a mile away, plus shopping, dining and the airport within easy access, this property is a choice investment with endless possibilities. Continue operations as an apartment complex, acquire for commercial purposes or further land development, or restore to its original use as a small resort hotel. A 97% occupancy rate, attractive rental income return, and an exceptional location make Cable Beach Manor the ultimate investment opportunity. Will consider offers!

Sean McCarroll

Sean McCarroll

Tel: 242 359 2957
Cell: 242 359 2957
sean@mccarrollrealestate.com
www.mccarrollrealestate.com