Chaguanas Apartment Building For Sale

Income-Generating Apartment Building in Chaguanas

An excellent income-generating investment opportunity in the heart of Chaguanas, conveniently located within walking distance of Center City Mall and Chaguanas proper. This well-positioned apartment building offers investors the opportunity to acquire an established multi-unit residential property with strong rental income and excellent accessibility to the amenities and commercial activity of central Chaguanas.

The property comprises seven self-contained apartment units, consisting of six 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom apartment. Each unit is complemented by dedicated parking for one vehicle, providing added convenience and value for tenants.

The property's central location makes it particularly attractive to working professionals, families, and individuals seeking convenient access to shopping, transportation, employment opportunities, schools, restaurants, banking facilities, and other essential amenities. Its proximity to Center City Mall and Chaguanas proper further enhances its rental appeal.

The apartment building currently fully tenanted and generates an average monthly rental income of approximately $22,000–$23,000, representing an attractive recurring income stream for an investor. Based on the stated monthly income, the property produces approximately $264,000–$276,000 in gross rental income annually, before operating expenses, maintenance, vacancies, taxes, insurance, and other property-related costs.

With seven residential units, dedicated parking, established rental income, and a location within walking distance of the commercial center of Chaguanas, this property presents an opportunity for an investor seeking steady rental income and long-term real estate value.

Property Highlights:

• Prime Chaguanas location
• Walking distance to Center City Mall and Chaguanas proper
• 7 apartment units in total
• 6 × 2-bedroom, 1-bathroom units
• 1 × 1-bedroom, 1-bathroom unit
• 7 dedicated parking spaces – 1 per apartment
• Average monthly rental income: TT$22,000–TT$23,000
• Approximate annual gross rental income: TT$264,000–TT$276,000
• Strong accessibility to shopping, transportation, employment, and essential services
• Suitable for investors seeking an established income-producing residential property

This property combines location, multiple income-producing units, dedicated parking, and established rental revenue, making it a noteworthy addition to an investment portfolio.