Santurce Building, San Juan, San Juan Municipality, PR 00911

For Sale

$1,800,000 USD
  • 14 Beds
  • 14 Baths
  • 8,549 Sqft
  • 0.139 ac Lot Size
  • Multi-family
Open House No open houses are scheduled at this time.
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Property Summary for Santurce Building

Property Type
Multi-family
Lot Size
0.139 Ac
Year Built
2018
Date Added
23 July 2019
Parking info
14, Detached
Neighborhood
El Parque
Zip
00911

Description for Santurce Building

Great investment opportunity! Property with a little more than a year of construction, located on Express 22, one of the busiest roads in San Juan, near to the Pavia Hospital, non-flood category. COMMERCIAL-RESIDENTIAL Zoning.\r\rThe property consists of a 5-level building. The first 3 levels have a constructed area of ??approximately 2,500 P2 per level, and in which there are 14 apartments that are leased with contracts of 6 months to one year.\rFloors 4th and 5th have the documentation and approved plans for the adaptation of 15 more apartments, a relaxation room, a lunch bar and a restaurant in an interior garden area.\rIt has parking for 14 apartments with the possibility of building one more level and THREE BILLBOARD hired for 50 and 30 years, which generates excellent income, due to the strategic location of the building.\rThe property is located within the OPPORTUNITY ZONE area, for which it also has quite important tax incentives.\r\rWhat are you waiting to contact us?, Let us show you this excellent business opportunity. Contact Us Now!
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Listing provided by Point2 Agent on 09/13/2019

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