4-Unit Investment Property for Sale in L’Hermitage, Caye Manger Heights, Gros Islet, Saint Lucia

Location: L’Hermitage, Caye Manger Heights, Gros Islet, Saint Lucia
Property Type: Multi-Family / Income-Producing Investment Property
Units: 4
Completion: Approximately 75%
Estimated Cost to Complete: EC$250,000
Last Valuation: EC$2.2 Million
Estimated Equity: EC$600,000

An exciting real estate investment opportunity exists in Gros Islet, Saint Lucia with this four-unit residential property located in the desirable hillside community of L’Hermitage, Caye Manger Heights.

Approximately 80% completed, the property offers an excellent opportunity for an investor to acquire a substantial multi-family development, complete the remaining works, and create a potentially strong source of long-term rental or vacation rental income.

One of the property’s standout features is its elevated location, offering attractive sea views and views toward Pigeon Island. Its location in Gros Islet also places it within convenient reach of many of northern Saint Lucia’s key commercial, recreational and tourism areas.

Four Income-Generating Units

The building has been designed to accommodate four self-contained residential units, comprising:

• Two 2-bedroom, 1-bathroom apartments, each with dedicated laundry facilities
• Two 1-bedroom, 1-bathroom apartments

This unit mix provides flexibility for investors seeking to target different segments of the rental market, including professionals, couples, small families, long-term tenants and potentially short- or medium-term renters.

Approximately 75% Completed

A significant portion of the construction has already been completed, allowing the new owner to focus on finishing the property rather than undertaking a development from the ground up.

Importantly, the property is being sold with floor tiles and drywall already supplied for completion of the drop ceilings, helping to reduce the materials still required to finish the project.

The estimated remaining cost to complete the development is approximately EC$250,000, subject to the buyer’s chosen finishes, labour costs and confirmation by a qualified construction professional.

Strong Investment & Equity Potential

The property was last valued at approximately EC$2.2 million and is being presented as an opportunity with approximately EC$600,000 in equity, making it particularly attractive to buyers searching for an investment property with value already built into the development.

Once completed, the four separate apartments provide the potential to generate multiple rental income streams from a single property.

Whether operated as traditional long-term rentals or positioned for another suitable accommodation strategy, the property offers considerable potential for an investor looking to establish an income-producing real estate asset in northern Saint Lucia.

Sea & Pigeon Island Views

The elevated setting at Caye Manger Heights provides the property with scenic surroundings and impressive outlooks, including views of the Caribbean Sea and Pigeon Island.

The combination of hillside living, multiple apartments and proximity to the Gros Islet and Rodney Bay areas enhances the property’s appeal both as an investment and as a future residential development.

Property Highlights

✓ Four self-contained residential units
✓ Two 2-bedroom, 1-bathroom units with laundry
✓ Two 1-bedroom, 1-bathroom units
✓ Approximately 75% completed
✓ Sea views
✓ Views of Pigeon Island
✓ Floor tiles included
✓ Drywall for drop ceilings included
✓ Approximately EC$250,000 estimated to complete
✓ Last valued at EC$2.2 million
✓ Approximately EC$600,000 in equity
✓ Excellent rental income potential
✓ Located in L’Hermitage, Caye Manger Heights, Gros Islet

An Investment Opportunity in Gros Islet, Saint Lucia

For buyers searching for a multi-family property for sale in Gros Islet, an income property in Saint Lucia, or an investment property near Rodney Bay and Pigeon Island, this development deserves serious consideration.

With much of the construction already completed, materials included to assist with the finishing works, four potential income-generating apartments and an attractive elevated location, the property provides a compelling opportunity to complete and add value to an existing development.

For additional information, photographs, viewing arrangements or investment details, contact Assured Realty.

Assured Realty
 (758) 720-8293
 info@saintluciarealtor.com