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$685,000

Multifamily, Mayagüez, 14 apartments,oceanfon


Mayagüez, Urbanizacion - San Jose

Approximate location via Google Places

Original Ad (Spanish)

INVESTMENT OPPORTUNITY IN MAYAGÜEZ: Massive oceanfront multi-unit complex now available for an urgent sale, priced significantly under market value at (reduced from ). This full-cement property features 14 apartments and is strategically located just 6 minutes from the University of Puerto Rico and 3 minutes from the newly restored stadium, ensuring a high-demand tenant base with a potential long-term rental income of monthly. The property boasts over 20 parking spaces, 8 water meters, and 6 electrical meters. While the building requires some improvements and modernization, its prime location and significant price reduction offer an unmatched value-add opportunity for serious investors looking to capitalize on the coastal rental market. Sold as-is.
$685,000
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