Multi-Family Income Property For Sale: 5-Apartment Building in Union Terrace, Gros Islet

Unlock immediate cash flow and strong capital appreciation with this high-yield, 5-unit residential apartment building for sale in the desirable community of Union Terrace, Gros Islet. Perfectly positioned in Saint Lucia’s high-demand northern rental corridor, this asset represents an exceptional opportunity for multi-family property investors or a buyer looking to live in the luxury top-floor penthouse while collecting substantial rental income from the lower units.

Spanning a total of 5,060 square feet of well-constructed building space on a 6,626-square-foot lot, the property features a smart, high-density layout designed to maximize occupancy and rental returns.

Smart Multi-Level Unit Configuration

The building is strategically divided into five independent, self-contained apartments across three levels:

• Top Floor (The Owner’s Penthouse): A spacious, premium 3-bedroom, 3-bathroom layout featuring open living areas, abundant natural light, and excellent ventilation—ideal for a primary residence or a premium executive rental.
• Middle Floor (Two 2-Bed Units): Comprises two separate 2-bedroom, 1-bathroom apartments. These units are in incredibly high demand for small families, digital nomads, and young professionals working in the north.
• Ground Floor (Two 1-Bed Units): Comprises two separate 1-bedroom, 1-bathroom apartments, perfect for single professionals, couples, or high-turnover short-term rentals.

Prime Location in Union Terrace, Gros Islet

Union Terrace is an established, highly accessible residential community known for its safety, quiet charm, and proximity to the island’s economic hub. Tenants will enjoy effortless commuting and immediate access to:

• Rodney Bay Hub: Less than 5-10 minutes from Saint Lucia’s premier dining, nightlife, duty-free shopping malls, and banking centers.
• Beaches & Recreation: Close proximity to the world-famous Reduit Beach, the Pigeon Island National Landmark, and the sandals championship golf course.
• Key Amenities: Minutes from major supermarkets, fitness centers, medical clinics, and top-tier schools.

Investor Portfolio Notes: With 5 distinct units under one roof, this multi-family building drastically minimizes vacancy risk. The diverse mix of 3-bed, 2-bed, and 1-bed units allows a landlord to target multiple segments of the local and expat rental markets simultaneously, maximizing the monthly return on investment (ROI).

Property Specifications & Pricing

• Location: Union Terrace, Gros Islet, Saint Lucia
• Total Building Size: 5,060 sq. ft.
• Total Land Area: 6,626 sq. ft.
• Total Layout: 5 Units (9 Bedrooms total | 7 Bathrooms total)
• Condition: Structurally sound multi-family residential asset
• Asking Price: XCD $1,100,000 (or USD equivalent)

Schedule a Private Viewing Today

To request the full investment prospectus, floor plans, or to arrange a walkthrough of this premium income property:

• Call/WhatsApp: (758) 720-8293
• Email: info@saintluciarealtor.com