Premium Property Apartments
Investment Opportunities
Asking Price: 3M USD This prospectus presents an apartment complex located in the upscale neighborhood of True Blue, St. George’s, Grenada. The property consists of two residential structures situated on a single compound, covering 13,442 sqft of paved surface. The complex features 29 single one-bedroom apartments and 5 two-bedroom apartments, totaling 39 fully functional units. The complex enjoys consistent long-term rental occupancy, primarily from students of St. George’s University (SGU)—a U.S. offshore medical school located just 0.37 miles (a 10-minute walk) from the property. The establishment has historically benefited from a high approval rating by the university, which has contributed to its 100% occupancy rate. Suite Descriptions Espresso Suite Two-bedroom, two-bathroom suite with shared kitchenette Fully furnished with appliances Sunset Suite One-bedroom suite with self-contained kitchenette and bathroom Includes a colonial two-post full-size bed, full-length mirror, and executive marble-top desk for in-room study Fully air-conditioned and well-lit Bathroom includes vanity combo with mirror and walk-in shower Emerald Suite Room features a colonial two-post king-size bed and full-length mirror Fully air-conditioned and well-lit Bathroom includes vanity combo with mirror, shower, and toilet Fully equipped kitchenette with refrigerator, stove, microwave, and toaster Ruby Suite Two-bedroom unit with shared kitchenette and individual bathrooms Each bedroom includes a colonial two-post full-size bed, full-length mirror, and marble-top executive desk Fully air-conditioned and well-lit Kitchenette includes refrigerator, stove, microwave, and toaster With picturesque surroundings and a location just steps away from the coast, Premium Property Apartments also appeal to the foreign yachting community, who often stay for a few nights while docked at nearby Spice Island Marine Services. Available Amenities Laundry room with coin-operated washers and dryers Wireless Internet Solar-powered water heating Air-conditioning units Solar-powered surveillance cameras On-site security guard patrol Cleaning service Gas stoves