St Maarten Investment With 20 Apartments For Sale
Sint Maarten

MLS#: 1146861

$6,500,000 USD

Type
Apartment
Bedrooms
21
Bathrooms
16
Home/Lot size
1m²
The details

Property features

Date Updated: Jun 18, 2024

Key features

Marina

Construction details

Building condition
excellent

Area

Property size
1m²
Bedrooms
21
Bathrooms
16
Total rooms
37

Description

maho apartment building for investment with 20 apartments for sale - offers accepted This is the opportunity you were looking for. You don't need to see this property, you will buy it on the numbers alone! location I cannot believe that this property is footsteps to Sonesta Beach Resort and Plaza in Maho. Minutes to major beaches, world-class restaurants and in a location where properties sell for premium value! Immediately you think of short-term income and turning this beautiful building into a boutique hotel. With so many things going for it, we forgot to mention Mullet Bay Golf Course which is only a minute walk away! The location offers a complete and absolute guarantee of turning this into an income property if well operated. condition Good condition concrete structure with minor cosmetic defects but no major structural issues visible. The elevator needs to be replaced or repaired. Located right in the heart of Maho, Sint Maarten we present to you this apartment building with 20 apartments for sale! The building includes all titles and rights. These apartments need minor maintenance work, however only cosmetic. Awesome Deal From A Motivated Owner I would suggest placing an offer to begin negotiations. Remember the rental income in this location is premium and represents great long-term or short-term investment. maho apartment building This beautiful, complex building of 18 apartments and 2 Penthouses is situated inside the heart of MAHO Bay, the Centre of the touristic area of SINT MAARTEN. It is located on the Dutch part of the Island of SAINT MARTIN in the CARIBBEAN Sea. This popular place is just in front of SONESTA MAHO PLAZA, RESORT and Casino, the largest resort on the island ( 600 hotel rooms spaces ). the apartment building has just a 5-minute walking distance to 4 other successful hotels, 2 casinos, more than 10 restaurants, boutiques, a golf course, a spa, and 2 world-famous beaches. one is maho beach, known for airplanes flying over to land on the airport. another one is mullet beach being popular and beat beach on the island. apartment building specifications the livable area of the property is 1313 square meters + 300 square meters of rooftop terrace that sits above the penthouses. this awesome apartment building is divided perfectly into the following apartments: there are 2 penthouses, both includes- 3 bedrooms, 3 bathrooms, 150 square meters of living space. this living space further features into the living room and dining, a kitchen, a laundry, 2 terraces. the area of 2 terraces: first one is 37 sq m, and second one is 150 sq m on top. 6 two-bedroom apartments: each with 70 square meters living space. 1 one-bedroom apartment with 65 square meters living space. 6 studios with 45 square meters living space. 2 smaller studios with 30 square meters living space each. parking and garden area with 1600 square meters. the total plot of land is 1905 square meters and can be divided. located on a " commercial zone" gives the possibility of an hotel or condotel business.

Location

St Maarten Investment With 20 Apartments For Sale, Sint Maarten
map image
Courtesy of Ritika Asrani CENTURY 21 Island Realty