FOR SALE

$ 17,995,000.00 USD

Cayman Islands - Seven Mile
W Bay Bch South
Listing ID: 00003002545

MLS ID: 421252 - A unique opportunity to acquire a portfolio of five canal-front multifamily properties comprising of seven residential buildings, 28 apartments, approximately 700 feet of water frontage, and two swimming pools in the highly sought-after Snug Harbour neighborhood along the prestigious Seven Mile Corridor.This well-maintained investment portfolio benefits from consistent occupancy and strong tenant demand, driven by its prime central location and attractive waterfront setting. All properties are situated along Palm Heights Drive and feature private canal frontage with docks, providing a highly desirable lifestyle amenity for residents.The portfolio consists of 28 spacious two-bedroom, two-bathroom apartments, all currently tenant-occupied, offering immediate income generation. Each unit includes internal laundry facilities, ample on-site parking, external storage, and accommodates both famili...