5 Unit Apartment Building for Sale, Cole Bay, St Maarten

This three-level apartment building comprises five self-contained units with five parking spaces and represents an excellent opportunity for an investor seeking a turnkey, income-generating property.

The building offers approximately 3,445 square feet (320 square meters) across the five units, with 9 bedrooms and 7.5 bathrooms in total.

Unit Mix

Two of the units have one bedroom and one and a half bathrooms, along with a living room, kitchen and porch or balcony – one on the ground level and one on the first. Two further units have two bedrooms and one and a half bathrooms each, arranged as duplexes across the ground and first levels, with a living room, dining room, kitchen and porch or balcony. The fifth unit has three bedrooms and one and a half bathrooms on the top level, with great views all around.

Built for Low-Maintenance Letting

The building is solidly constructed in concrete and steel, and every unit has its own water and electricity meter – so utility billing stays simple for a landlord rather than needing to be apportioned. The building runs on private septic, and each unit comes with a reserved parking space.

Ownership Costs

Insurance runs at approximately $2,000 per year.

Close to the Marinas in Cole Bay

Cole Bay is conveniently situated near the island’s marinas, with bars, restaurants, supermarkets and pharmacies all close at hand.

A Five-Unit Income Property in Cole Bay

For investors exploring commercial real estate in St Maarten, this building combines five rentable units, individually metered utilities and a central location close to the marinas.