This 3 bedroom condo located at Tradewinds at Cupecoy is actually a 2 bedroom unit and a separate studio unit with kitchen, bath and separate entrance. One of the biggest advantages of this unit is the return on investment. The unit currently collects $3,700 per month rental income. The other major advantage of this unit is the location. Tradewinds at Cupecoy is regarded as a top notch complex in the Cupecoy area. The demand for units there is constant.
Tradewinds is a mixed use property with some owners residing on site, medical school students and professors renting long term as well as some units which are used a vacation rentals. It is owner managed, so control of the complex runs very smoothly at a very efficient cost. Tradewinds has a large pool and pool deck area with lounge chairs, and dining tables and chairs. Adjacent to the pool is a gazebo featuring a mini kitchen, seating and a gas BBQ grill.
Other value added facilities include a stand by generator which powers all units in the complex in the event of a power outage, a sewage treatment plant which provides grey water for all of the gardens, a property wall and fence with remote controlled car gates for access to assigned parking inside the complex, 24-hour security as well as a high tech security camera system with monitoring station.
This 3 bedroom has a monthly $684 maintenance. fee. Maintenance fees include the property and all of the facilities on the property as well as all insurance, all roofs, water and electrical lines leading to all units, security and more.
Upon entering the property gate to the unit, a short outside hallway leads to a courtyard area and then to double French floors entering the unit close to the kitchen area. The kitchen is galley style with all updated appliances. A full bath is located in this area. The main living area has space for standard living room furniture as well as for a dining area. A loft is included in this area and can be used for either a study room, an extra sleeping area or storage. Just off the living area is bedroom #1. Proceeding to the second level you first pass a small room which has been used as an office. Then up to the master bedroom with an ensuite full bath and a private terrace. This part of the unit rents for $2,500 per month.
The third bedroom and bathroom is actually a totally separate studio with kitchen and a separate entrance. This studio rents for $1,200 per month.