- UNDER CONTRACT -Introducing an exceptional investment opportunity in the heart of Aruba’s capital region: an income-generating commercial apartment building situated on 690 m² of long lease land in the thriving Paradijswijk / Santa Helena area. Just minutes from downtown Oranjestad, the international airport and the hotel district, this property combines prime location with reliable rental potential.This well-maintained building offers twelve fully independent apartment units, each with a combined living, kitchen and sleeping area, as well as ensuite bathrooms outfitted with fixtures and full ceramic tile finishes. The units vary in size, with a total built-up area of approximately 316 m² and are supported by reinforced concrete construction, aluminum windows and doors and ceramic flooring throughout.All apartments are equipped with air-conditioning, individual water and electricity meters, and kitchens featuring granite countertops, cabinetry, stainless steel sinks and stainless steel cooking tops. Ten units use gas for cooking, while two units are equipped with electric stoves. The electricity meters for the apartments operate on a prepaid basis, while only the main (general) meter is postpaid. Currently, all apartments are connected to IPTV and internet service from Setar, each with its own individual modem/router box.Shared amenities include the outdoor common area and a laundry room equipped with a washing machine and gas dryer (both coin-operated). The premises also houses a storage room. In total, the property comprises three buildings. The building is equipped with outdoor lighting and is enclosed with masonry fencing and gated access on both the north and south sides. Dedicated paved private parking spaces provide added convenience for tenants, with two septic tanks located beneath the parking area. The property benefits from excellent infrastructure and accessibility.This complex offers immediate rental income across apartments thanks to its strategic central location and ease of access to key businesses and universities such as the Xavier University School of Medicine, the University of Aruba and the American University School of Medicine among others.Investors will value the functional layout, low-maintenance landscaping and the strong potential for consistent rental returns. Whether you are expanding a rental portfolio or looking for a commercial asset with a high occupancy outlook, this is a great chance to secure a turn-key multifamily property in the island’s rental market.For more information please send an email to niek@remaxaruba.com or WhatsApp +297 5929780.