Gray Door Apartments - Commercial Investment

USD 3,098,500 / AWG 5,515,330
Property ID
1980
Bedrooms
13
Bathrooms
14
Pool
Inquiry
Commercial
Luxury
New Listing

Description

Gray Door Apartments - Your Luxurious Eco-Friendly Retreat in Aruba

Built in 2020/2021, Gray Door Apartments is a unique oasis in Aruba with spacious, luxurious and eco-friendly accommodations. The property is a haven for those seeking comfort, sustainability and tranquility on the island. The complex is located on the quiet north side of Aruba, in the residential neighborhood of Noord. It is just a short drive from the lively Palm Beach area, home to popular hotels and restaurants. The pristine white sands of Eagle Beach, Palm Beach and Arashi Beach are just minutes away. 

This Beautiful Apartment Complex sits on 995 m2 of property land and has a commercial license. The complex has 9 units and consists of 3 floors, comes fully furnished and equipped, even has a healthy (almost 5 years old) management company (VBA) and many 5-star reviews on the well-known booking sites.

Property Highlights:

1. Eco-Friendly Focus: At Gray Door Apartments, they prioritize sustainability. 

Featuring LED lighting, inverter appliances, solar panels and excellent insulation to reduce our carbon footprint and provide an eco-friendly environment.

2. Variety of Apartments: Offering Eight Comfortable Apartments and a Luxurious Penthouse. 

Three ground-floor apartments boast two bedrooms and two bathrooms, while four one-bedroom apartments are on the first floor. The garden one-bedroom apartment is conveniently located on the ground floor. The stunning penthouse, with two bedrooms and two bathrooms, offers breathtaking views of Aruba. It comes complete with a private driveway, elevator, and a jacuzzi on the terrace. The master suite is a true sanctuary, featuring an open bathroom with a bathtub, double shower, and a 10-foot projector screen for your entertainment.

3. Modern Amenities: Each apartment at Gray Door is furnished with contemporary décor and equipped with modern facilities. Each apartment has a full-sized kitchen, allowing you to embrace your inner chef and indulge in culinary exploration. The bathrooms are equipped with spacious rain showers for your relaxation. 

4. Community Amenities

  • Pool: Take a refreshing dip in the community pool, a serene oasis perfect for unwinding under the Aruban sun.

  • BBQ Area: Host unforgettable gatherings at the BBQ area, where you can savor delectable meals in the company of friends and family.

  • Two Laundry Areas: Every floor has a washing machine and dryer.

  • Ice Machine: For a cool refreshment.

5. Secure Parking: Private parking available for every apartment. The property is fully gated and accessible only with a key, ensuring safety and security.

6. Valubale Extras:

  • Sprinkler System: Enhances safety by quickly responding to fires and potentially lowering insurance costs.

  • Backup Generator: Ensures uninterrupted operations during power outages, crucial for various purposes.

  • Versatile Space: A spacious room can be converted into a gym or an extra apartment, increasing the property's functionality and potential value.

7. Revenue: Investing in Gray Door Apartments isn't just about numbers; it's about securing a future of financial growth and stability. With a remarkable Return on Investment (ROI) of 7.5% and beyond, your investment is poised to yield exceptional returns in one of the most desirable destinations in the Caribbean.

Interested, or want to know more about this amazing investment opportunity?

Contact me now at michelle@remaxaruba.com or +297 742 9979

General

Property Type: Commercial for Sale
Area: Noord
Bedrooms: 13
Bathrooms: 14
Half bathrooms: 0
Year build: 2021
Lot size: 995 m2
Build up size: 901 m2
Furnished: Yes
Air-conditioned: Yes
Pool: Yes

Map

Show on map

Inquiry

Agent Information
Michelle Zichem Michelle Zichem
Sales Associate - Team de Munck Mortier
+297 742 9979