Grand Cayman, George Town, Cayman Islands

Excellent opportunity to acquire a fully occupied five-unit apartment building in the heart of George Town, offering strong current income and significant upside potential.

Situated at 47 Maple Road, this solid concrete-constructed building comprises five spacious 2-bedroom, 1-bathroom apartments, totaling approximately 5,200 sq. ft. on a 0.23-acre parcel. Each unit features a functional layout with kitchen, living area, and individually metered electricity through CUC.

The property is strategically positioned within a commercially zoned neighborhood, just 1,200 feet from the landmark ONE GT luxury condo-hotel development and approximately 1,000 feet from the proposed ELDEMIRE high-rise project. It also backs directly onto Doctors Hospital, placing it within one of George Town's most rapidly evolving districts.

Currently generating over CI$90,000 in net annual income, the building is fully tenanted with long-term occupancy. Current rental rates are estimated to be 30%–40% below market value, presenting an attractive value-add opportunity for investors seeking to increase returns through renovations and rental adjustments.

While the apartments remain largely in original condition and will benefit from modernization and maintenance, the combination of stable income, redevelopment potential, and a prime central location makes this an exceptional investment opportunity.

Property Highlights:

Five 2-bedroom, 1-bathroom apartments
10 bedrooms, 5 bathrooms total
Approximately 5,200 sq. ft. of building area
0.23-acre lot
Fully occupied investment property
Net annual income exceeding CI$90,000
Individually metered electrical service
Commercial zoning area
Minutes from George Town business district
Near ONE GT, proposed ELDEMIRE development, and Doctors Hospital
Significant rental upside and long-term appreciation potential

A rare opportunity to secure an income-producing asset in one of Grand Cayman’s fastest-growing urban corridors.
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