Caribbean MLSReal Estate

VALUE ADD (5) APARTMENT MULTIFAMILY in one of San Juan's most sought after sub markets!

Not published

The brief

The reason to consider it.

This 5-unit multifamily opportunity is ideally located in one of San Juan’s most convenient and in-demand corridors. The property requires renovation, making it a compelling value-add investment for buyers seeking upside through repositioning.

Just minutes from Luis Muñoz Marín International Airport, near San Juan’s beaches, and close to the University of Puerto Rico, the location supports multiple income strategies—from student housing and long-term rentals to short-term/Airbnb potential (buyer to verify).

Strong rental demand driven by students, professionals, and travelers, combined with proximity to major transportation routes and lifestyle amenities, positions this asset for long-term appreciation and cash-flow growth once improved.

An excellent opportunity for investors looking to renovate, stabilize, and capitalize on San Juan’s resilient rental market.

Last confirmed

Year built
1950
Type
Apartment
Land
5,382 ft²
Use
Mixed use
Lettable area
2,691 ft²

What this listing includes

  • Parking
  • Kitchen
  • Air conditioning

What people say about Puerto Rico

Accounts from Puerto Rico agree on one point above all: the electric grid.

  • Concern Unreliable grid and outages; backup power treated as a normal ownership cost
  • Concern Hurricane and flood exposure; insurance limits, exclusions and timing need checking before buying
  • Positive Foreign buyers can hold title; purchase runs through option contract, title study and attorney-notary
  • Mixed Act 60 incentives still attract buyers but are narrowing and conditional for new applicants

Read what people say, based on 11 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law