0

Unfinished Three-Unit Apartment Building Opposite Ross University Presents Rare Investment Opportunity in St. Kitts

  • EC $600,000/Neg

Description

Location: West Farm, St. Kitts
Price: EC$600,000
Type: Multi-Unit Investment Property (Three Units – Shell Stage)
Structure: Concrete | Ground Floor Completed | Engineered for Expansion
Lot Size: 6,000 Sq Ft

Situated in the development directly across from Ross University School of Veterinary Medicine in West Farm, this three-unit apartment building offers a compelling opportunity for investors seeking income-generating real estate in one of St. Kitts’ most consistent rental corridors.

The property has three individual apartment units on the ground floor, constructed to shell stage. The building sits on a level freehold parcel and features a fully poured concrete slab roof, designed to support an additional floor. The structure is located within a well-established residential neighborhood frequented by students, faculty, and visiting professionals from the university, whose housing needs create sustained rental demand throughout the year.

Key Structural Features

  • Three (3) individual apartment units constructed to shell

  • Solid reinforced concrete construction

  • Poured slab roof structurally rated for vertical expansion

  • Exterior walls complete; no internal finishes

  • Designed for one-bedroom or studio layouts

  • Immediate access to paved roads and public infrastructure

Finishing Required

  • Interior plastering and paint

  • Electrical wiring and lighting

  • Plumbing and bathroom/kitchen fixtures

  • Tiling, windows, doors, and furnishings

  • Fencing, landscaping, parking layout

Utilities such as water, electricity, and internet are available in the area.

Rental Market Analysis

Furnished one-bedroom apartments within walking distance of Ross University typically rent between USD $900 and $1,300 per month, depending on finishes and inclusions such as water, electricity, and internet.

Income projections (when completed and furnished):

Monthly Rent per Unit | Total Monthly Income (3 Units) | Total Annual Income (USD) | EC Equivalent (Annual) |
USD $900 USD $2,700 USD $32,400 EC $87,480
USD $1,300 USD $3,900 USD $46,800 EC $126,360

This location offers consistent occupancy throughout the year due to the university’s rolling admission schedule and international student base. Rents are collected in U.S. dollars.

The roof allows for a second level to be constructed after purchase, potentially doubling rental capacity.

On-site viewing by appointment only

Contact us using the form below.

Address

  • Parish: Trinity
  • Area: West Farm
  • Country: St. Kitts

Details

Updated on June 17, 2025 at 9:43 am
  • Price EC $600,000/Neg
  • Property Status Sale

Schedule a Tour

Your information

Contact Information

View Listings
Khareem Cabey

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare