Active

$1,550,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRPR9113727
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
This turnkey hospitality business in Puerto Rico offers a great investment opportunity, combining consistent long-term rental income with a high-performing short-term guesthouse operation. Fully staffed and managed through Airbnb, the business is optimized for passive ownership and boasts significant upside potential. The three-story, 14-unit commercial property encompasses a total gross building area of 5,453 square feet—including 5,279 square feet of living area and a 174-square-foot staircase—on a 250-square-meter site. The layout includes four long-term rental units, each with three bedrooms and one bathroom, along with ten fully equipped short-term rental units, each with a private bath and four of them with full kitchen. The property has maintained Airbnb Super host status for seven consecutive years and has hosted over 3,000 guests. Additional improvements include a 900-square-foot basement with two 300-gallon water cisterns, 9 water and electricity meters. This property is ideally situated in the historic district of Puerta de Tierra—nestled between Old San Juan and Condado—the property benefits from proximity to colonial landmarks, upscale amenities, beaches, and the Isla Grande private airport, just five minutes away. This prime location ensures sustained demand from both tourists and locals, making it a strategic asset for residential and commercial investment. Information about the income and lost statement is available upon sign a confidential and non-disclosure document.
Financial Considerations
Price:
$1,550,000
HOA Fee:
N/A
Tax Amount:
$1486
Price per SqFt:
$284.25
Tax Legal Description:
N/A
Exterior Features
Lot Size:
2691
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
None
Roof:
Concrete, Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Ductless
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1950
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    PUERTA DE TIERRA SAN AGUSTIN STREET
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