Active

$2,700,000

Features:
  • 11 Bedrooms
  • 8 Bathrooms
  • 13068 sq ft
Overview
  • ID: MFRPR9109921
  • Bedrooms: 11
  • Bathrooms: 8
  • Size: 13068 sq ft
Property Details
Remarks
Introducing 1818 Guesthouse, a unique 10-unit Airbnb property located in the vibrant heart of Calle Loiza. This guesthouse offers a mix of spacious studios, 1- and 2-bedroom units, perfect for both short and extended stays as well as long-term rental tenants. Of the 10 units, 6 are oversized, with many featuring separate living rooms and kitchenettes, providing guests with added comfort and convenience. The property includes a total of 11 finished bedrooms, while one additional bedroom and bath on the ground floor is ADA-compliant, offering an accessible bunk/hostel-style room with an attached bathroom (pending completion). Key Highlights: - Prime Location: Situated in the bustling Calle Loiza neighborhood, ideal for exploring local dining, shopping, and entertainment. - Spacious Units: Six out of ten units have larger living spaces, with some including separate living areas and kitchenettes. - Food & Beverage Potential: The property has additional F&B opportunities, including a rear ground-floor patio space perfect for guest dining or events. - Additional commercial space rental income on the ground floor - Potential rooftop buildout pool with city views Remaining Work: - Ground Floor Completion: Including concrete slab installation, floor finishing, and minor plumbing. - Electrical & Finishing Touches: All infrastructure is in place, with minor electrical work (plugs, switches, and lighting) and paint touch-ups remaining. The current investment group has received a conceptual endorsement from the department of Tourism to receive the Act 60 Tourism incentives making this a great opportunity for the buyer to apply for the tax credits under the Puerto Tourism Act 60. 1818 Guesthouse is the rare opportunity to own an Airbnb-ready property with tremendous commercial potential on the ground floor in one of Puerto Rico’s most sought-after locations.
Financial Considerations
Price:
$2,700,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$206.61
Tax Legal Description:
N/A
Exterior Features
Lot Size:
13068
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
11
Bathrooms:
8
Heating:
Electric
Cooling:
Mini-Split Unit(s)
Appliances:
Refrigerator
Furnished:
No
Floor:
Concrete
Levels:
Three Or More
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1970
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1818 CALLE LOIZA
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