St. Alban’s Drive
ActiveInvestor’s Dream in Paradise: 20-Unit Apartment Complex on Prime 1.02 Acres – St. Alban’s Drive, Nassau, Bahamas
Welcome to a rare and lucrative opportunity nestled in one of Nassau’s most desirable and accessible neighborhoods — Saint Alban’s Drive. This established 20-unit apartment complex sprawls across 1.02 acres of prime real estate, offering endless potential for rental income, redevelopment, or upscale renovation.
This income-generating gem consists of 20 units thoughtfully distributed across four buildings.
In total, the complex features 33 bedrooms and 24 bathrooms, catering to a diverse tenant mix, including professionals, students, vacationers, and long-term residents.
Whether you’re seeking steady monthly cash flow, long-term appreciation, or the chance to reimagine this space into a modern apartment haven or boutique Airbnb retreat, the possibilities are as endless as the Bahamian sunshine.
With ample parking, lush grounds, and proximity to schools, public transportation, shops, and beaches, this property is perfectly positioned to attract reliable tenants year-round. The land itself — over 1 acre of coveted Nassau soil — holds intrinsic value with room for expansion, enhancements, or a high-end redevelopment project.
Invest in more than real estate. Invest in potential. Invest in paradise.
Don’t miss your chance to own a cornerstone of passive income in one of the Caribbean’s most vibrant and growing cities. Opportunities like this don’t come often — and they don’t last long.
| Price: | $1,350,000 |
|---|---|
| Address: | St. Alban's Drive |
| City: | New Providence/Paradise Island |
| MLS: | 19193C1748522147545 |
| Square Feet: | 44,144 |
| Acres: | 1.02 |
| Lot Square Feet: | 1.02 acres |
| Bedrooms: | 33 |
| Bathrooms: | 24 |
