Address
Not Disclosed San Juan, PR
Price
$ 5,900,000
Property Attributes
  • MLS#PR9094437
  • TypeCommercial
  • CountySAN JUAN
  • CitySan Juan
  • AreaSan Juan
  • Zip00907
  • StyleHotel/Motel
  • Year Built1980
  • Taxes$ 6600
  • Price$ 5,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8500
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
MIRIAM SANCHEZ SALGADO
Data Source:
Stellar MLS
Property Description

Unique opportunity to buy this excellent multi family property and hotel, one building has 10 apartments furnished and rented long term, the other building has 11 hotel rooms for short term rental. Full rented and booked, generating an average of NOI $31,000 monthly. Located in Placid CT corner with Wilson St, Condado. Walking distance to everything in Condado. An extraordinary building with beautiful details, includes water, electricity and internet in the long term leases, common area for laundry.

Price History
11/19/2021 Listed $5,900,000

General Features

Additional Parcels Description 040-050-045-05-001
Additional Parcels Y/N Yes
Appliances Microwave, Refrigerator
Building Area Units Square Feet
City SAN JUAN
Construction Materials Concrete
Cooling Mini-Split Unit(s)
County San Juan
Lot Size Square Feet 8500
MLS Area 00907 - San Juan
Net Operating Income 31092
New Construction No
Ownership Corporation
Property SubType Hotel/Motel
Property Type Commercial Sale
PropertyCondition Completed
Security Features Security Gate
Standard Status Active
Status Active
Tax Annual Amount 6600
Tax Year 2021
Total Number of Buildings 2
Utilities Electricity Available, Water Connected
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9094437
Water Access YN No
Year Built 1980

Interior Features

Flood Zone Code Zone AE
Living Area Units Square Feet
Total Stories 3

Exterior Features

Building Area Total 8500
Foundation Details Slab
Lot Size Acres 0.2
Number of Lots 2
Parking Features None
Road Frontage Type City Street
Road Surface Type Asphalt
Water Extras YN No
Water View YN No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 00907

Price
AVG $1.74M
$5.9M
Taxes
AVG $6,600
$6,600
Year Built
AVG 1973
1980

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