Income-generating seven-apartment residential investment in Oistins, Barbados, producing USD $89,400 in annual income and USD $74,275 in net operating income, with a stated ROI of 8.7%.
The substantial 12,830 sq. ft. property comprises seven apartments with 17 bedrooms and eight bathrooms in total: three three-bedroom apartments and four two-bedroom apartments. The units can be operated as long-term rentals or offered through short-term vacation rental platforms such as Airbnb, providing flexibility for an investment buyer.
Positioned on a ridge on Maxwell Hill Road, the property overlooks the beaches around Oistins Bay and is close to Oistins Fish Fry, Miami Beach, supermarkets, restaurants, banks and public transportation. The airport is approximately a 10-minute drive away.
The existing financial performance provides immediate investment appeal, while the opportunity to use Airbnb or other short-term rental channels offers potential to pursue higher rental income. Commercial financing in Barbados for foreign buyers is also referenced in the source listing.
The property is currently marked sale pending. Enquire for further information regarding the investment, financials and current sale status.
