Kool Acres, New Providence Paradise Island
Description
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.
Ref 67756 · First seen today
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Climate · Nassau
26°J
27°F
27°M
29°A
30°M
32°J
33°J
33°A
32°S
31°O
28°N
27°D
Average daily high per month; 1669 mm rain a year. Most comfortable: Jan, Feb, Dec.
What's nearby 873 places
⛳ Golf 8Paradise Island Golf Course6.5 kmJack Nicklaus Signature Golf Course Baha Mar Resort · golf10.3 kmAlbany Golf Course golf20.2 kmBlue Shark Golf Course22.5 kmLyford Cay Club golf course23.3 km
🎣 Fishing & angling 18Island Boy Tackle & Marine fishing171.3 kmNorth Riding Point Club208.4 kmThe Drop fishing225.8 kmStella Maris Shark Reef247.2 kmGrouper Valleys249.3 km
🚲 Cycling routes 1Bicicletas bicycle408.5 km
⛵ Sailing & marinas 49Blue Water Cay Marina948 mSea Breeze Canal2.0 kmPalm Cay Marina2.8 kmPort New Providence Canal3.1 kmSea Breeze Canal3.7 km
🌊 Watersports & diving 5Bahamas Divers scuba diving5.8 kmCurtiss C-46A-45-CU Commando scuba diving68.9 kmDive Abaco scuba diving171.1 kmDive Exuma scuba diving229.5 kmClub Náutico scuba diving385.8 km
🏖 Beaches 78Cabbage Beach6.9 kmParadise Lagoon Beach South7.1 kmParadise Lagoon Beach North7.1 kmParadise Beach7.6 kmColonial Beach8.2 km
🍽 Restaurants 69Anthony's6.6 kmJohnny Rockets burger6.6 kmCarmine's italian6.7 kmBimini Road6.7 kmBeach Bar7.0 km
🍺 Bars & pubs 53Atlantic Shipwreck bar6.1 kmI Wish I Could Stay Here Forever bar145.1 kmBell Bar bar145.1 kmThe Tipsy Seagull bar183.5 kmSparky´s bar213.1 km
☕ Cafés 69Starbucks coffee shop5.6 kmStarbucks coffee shop7.3 kmGregory’s mediterranean7.4 kmStarbucks coffee shop12.4 kmNews café cafe13.9 km
🏨 Hotels & stays 62Towne Hotel7.3 kmSmall Hope Bay Lodge59.9 kmIsland Breezes171.2 kmAbaco Lodge171.5 kmVillas At Palmetto Beach177.1 km
🍇 Vineyards & wineries 2Venta de Vinos (Particular)386.6 kmVenta de Vinos386.9 km
🎭 Theatres & cinemas 89Galleria Cinemas cinema4.2 kmDundas Centre for the Performing Arts theatre5.0 kmMovie Theatre cinema6.9 kmComedy Club theatre6.9 kmFiona’s Theatre theatre7.3 km
🛒 Food shops 59Super Value Food Store supermarket2.6 kmSolomon's Fresh Market supermarket5.5 kmVillage Grocery supermarket6.6 kmJohnson's Grocery supermarket85.4 kmHealthy Way Nutrition Centre department store170.5 km
🎓 Schools 79Our Lady's Primary School5.8 kmAnglican Central Education Authority (ACEA)6.8 kmMichael H. Eldon Complex6.9 kmThe Promise Institute Diann Hanna-Wilson61.1 kmBowen Sound Primary School 8:4566.4 km
⚕ Doctors & pharmacies 59Elizabeth Estates Community Clinic clinic2.0 kmSarah's Drug pharmacy2.7 kmPeople's Pharmacy pharmacy2.7 kmNHC Nutrition Doctor Kevin King · herbalist · pharmacy3.1 kmLowe's Pharmacy Limited medical supply · pharmacy3.8 km
🏋 Gyms & pools 41Mac Fit 360 fitness centre4.7 kmMacFit fitness centre5.3 kmCoral Pool swimming pool7.0 kmRoyal Bath Pool swimming pool7.1 kmLap Pool swimming pool7.1 km
🎾 Tennis & padel 7Gym Tennis Club tennis3.5 kmCoral Harbour asphalt · tennis15.7 kmTennis Court tennis21.7 kmSport Court tennis296.8 kmCanchas de Frontenis Ciego de Ávila sports · tennis383.8 km
🐎 Riding 3Horse Riding Tours385.3 kmHorse Riding Tours385.8 kmRiding Horse Center "Los Hidalgo" equestrian459.2 km
🌳 Parks & nature 79plant Nursery garden4.2 kmBlair Neighborhood Community Park4.4 kmClifford Park8.0 kmCairo National Park14.2 kmCommunity Centre20.0 km
⛴ Ferry terminals 43Nassau Bahamas Ferries · ferry terminal6.3 kmFresh Creek Bahamas Ferries · ferry terminal59.1 kmCurrent Bahamas Ferries · ferry terminal66.6 kmSpanish Wells Bahamas Ferries · ferry terminal80.1 kmThree Island Dock Bahamas Ferries · ferry terminal82.4 km
Straight-line distances.
Getting there
Lynden Pindling International Airport (NAS)≈ 9h21 flying from London
Grand Bahama International Airport (FPO)≈ 9h18 flying from London
Direct from NAS — 40 destinations, 14 airlines
Andros Town0h28 LeAir
Mangrove Cay0h31 Flamingo Air, LeAir
North Eleuthera0h31 Bahamasair
Governor's Harbour0h33 Bahamasair
Rock Sound0h34 Bahamasair
Staniel Cay0h35 Flamingo Air
Marsh Harbour0h37 Bahamasair
Freeport0h40 Bahamasair
Stella Maris0h45 Bahamasair
Fort Lauderdale0h47 Bahamasair, JetBlue
Miami0h47 American Airlines, American Eagle (airline brand), Bahamasair
Deadman's Cay0h48 Bahamasair
San Salvador0h48 Bahamasair
Colonel Hill0h56 Bahamasair
+ 26 more: Spring Point · Orlando · Havana · Tampa · Matthew Town · Providenciales · George Town · Kingston–Norman Manley · Cap-Haitien · Panama City–Tocumen · Atlanta · Charlotte · London–Heathrow · Washington–National · Philadelphia · New York–JFK · New York–LaGuardia · Detroit · Boston · Toronto–Pearson · Dallas/Fort Worth · Ottawa · Montréal–Trudeau · Great Harbour Cay · Mayaguana · Grand Cayman
Airlines: Air Canada · American Airlines · American Eagle (airline brand) · Bahamasair · Breeze Airways · British Airways · Caribbean Airlines · Copa Airlines · Delta Air Lines · Flamingo Air · Frontier Airlines · InterCaribbean Airways · JetBlue · LeAir
Flight times are great-circle estimates; routes change seasonally — confirm with the airline.
Latest to buy
#14 Polhemus Gardens Subdivis
New Providence Paradise Island · Single Family Home
$221,000
42
