The growth and development on Providenciales are creating a high demand for rental properties. Ponderosa Townhomes is a 10-unit, 2 bed, 2 bath, multi-family property with swimming pool, gazebo and secure, gated entrance and parking. With a limited supply of mid-range rentals, the leasing rates will continue to climb driving the returns at the current list price to an approximately 10% capitalization rate! The property was recently renovated inside and out: resurfaced parking, new roof, new tiles, freshly painted, new furnishings and appliances. All units are currently rented. Each one of the 10 units also has a strata (condo) number and can be sold individually as an exit strategy for the new owner. Please contact the listing agent for financials or to arrange a viewing.