Out East 11-unit Apartment Complex, New Providence Paradise Island
Description
Kool Acres apartment complex is a prime investment property bringing in $11,800.00 per month which is about $142,000 per year. This multi-family, well maintained apartment complex has a strong rental income combined with desirable amenities. Situated in a secure, gated community, this property is fully rented. There are eight (8) units bringing in $1,200 per month, two efficiencies each bringing in $800.00 per month and one studio apartment bringing in $600 per month. This gated property sits on a 35,000 square foot lot with approximately 10,000 square feet of living space. You can have approved plans and blueprints for only $1,500 and build an additional fourplex (4) which when rented brings in about $5,000 per month or $60,000 per year. The building is immaculate, beautiful, well maintained and exclusive, ensuring a great living environment and a safe atmosphere for tenants behind the security gates. This complex contains a laundry washing facility, a very large parking lot and a playground for children. Call us today and schedule an appointment.
Where it is
What's on near New Providence Paradise Island
09/29Weekly Walking ClubDockside · Atlanta09/29Guided Workshop: Painting Flowers
Community Center09/29Tuesday Take-over: 2Minds
Muziekgieterij · Maastricht09/30Travel now through September 30, 2026.
Viva Fortuna Beach by Wyndham
Climate · Nassau
Station: NASSAU AIRPORT NEW · 12.5 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 26 |
| Feb | 27 |
| Mar | 27 |
| Apr | 29 |
| May | 30 |
| Jun | 32 |
| Jul | 33 |
| Aug | 33 |
| Sep | 32 |
| Oct | 31 |
| Nov | 28 |
| Dec | 27 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 71 |
| Feb | 67 |
| Mar | 73 |
| Apr | 94 |
| May | 164 |
| Jun | 253 |
| Jul | 173 |
| Aug | 222 |
| Sep | 200 |
| Oct | 172 |
| Nov | 122 |
| Dec | 58 |
What's nearby 871 places
Getting there
Something wrong on this page? Tell us · How this page is put together
Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| Kool Acres Duplex New Providence Paradise Island | 5 min walk | 5 | $599,000 |
| Kool Acres New Providence Paradise Island | 6 min walk | 7 | $525,000 |
| Yamacraw Vacant Lot! New Providence Paradise Island | 6 min walk | — | $150,000 |
| 10 Pipe Creek Drive Yamacraw New Providence Paradise Island | 6 min walk | 3 | $575,000 |
| Winey Road, Unit 7 New Providence Paradise Island | 7 min walk | 6 | $349,000 |
| Lot 1 Yamacraw Road New Providence Paradise Island | 0.9 km | 4 | $708,000 |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth
How this one compares
6 other properties in New Providence Paradise Island advertised at within 25% of this price. Their median asking price is $1,200,000 — this one is asking the same. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| Lots 19 & 21 Poinciana Drive | New Providence Paradise Island | 6 | $1,200,000 | same |
| Winton Terrace | New Providence Paradise Island | 6 | $1,200,000 | same |
| Westend, Unit F1 | New Providence Paradise Island | 3 | $1,200,000 | same |
| Vista Marina | New Providence Paradise Island | 3 | $1,200,000 | same |
| Hibiscus, Windsor Lakes | New Providence Paradise Island | 3 | $1,200,000 | same |
| The Reef At Atlantis, Unit 10-922/924 | New Providence Paradise Island | 2 | $1,200,000 | same |
Questions this raises
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