Santurce, San Juan, PR
Property Description
1100 Ave. Fernandez Juncos & 703 San Juan Street | Rare opportunity to acquire two buildings for the price of one in one of San Juan's strongest rental corridors. The property consists of six fully equipped 1-bedroom residential apartments, each featuring new A/C units, kitchen appliances, independent LUMA electric meters, and dedicated parking. The asset also includes a commercial space currently generating approximately $3,000 per month in rental income, creating immediate cash flow and a diversified income stream. Positioned as a true value-add investment, the property offers investors the opportunity to acquire an income-producing asset with significant upside through rental optimization. With existing residential income, established commercial tenancy, and the ability to increase rents toward market levels, the property presents strong potential to improve net operating income without additional expansion. Strategically located on Avenida Fernandez Juncos, one of San Juan's primary commercial and residential corridors, the property enjoys immediate access to Condado, Miramar, Santurce, Old San Juan, the Puerto Rico Convention Center, Distrito T-Mobile, Luis Munoz Marin International Airport, major hospitals, universities, restaurants, entertainment districts, and the area's principal expressways. Its central location continues to drive strong demand for both residential and commercial occupancy. Cash sale only. To schedule your private tour, call today!..
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $875,000 |
| Year Built: | 1959 |
| Lot Size: | 5,772.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 7 |
ID: 3yd-SJBRPR-65748
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Aguadilla, Aguadilla, PR
Aguadilla, Aguadilla, Puerto Rico
Vega Baja, Vega Baja, PR
Vega Baja, Vega Baja, Puerto Rico
Caguas, Caguas, PR
Caguas, Caguas, Puerto Rico
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout