8.87%CAP RATE | K NOI | 7-Unit Investment

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8.87%CAP RATE | K NOI | 7-Unit Investment

Beds 6 | Baths 5 | Sqft 3,467

91 days · Very old listing

Type MultiFamiliar

Ad description

High-yield 7-unit multi-family investment on Placid Court St, Condado. Delivers a proven 8.87% Cap Rate and 9.71% ROI. Appraised at this cash-flowing asset generates Gross Annual Income and NOI. It operates with highly efficient margins: total OPEX, $14,400 utilities, and $3,743 property taxes. Strictly cash or commercial financing. All units are fully furnished, equipped, and feature AC in all bedrooms to minimize immediate CapEx. Premium rental demand is driven by unbeatable walkability—mere steps from 24/7 Supermax, Embassy Suites, Condado Beach, and vibrant nightlife. For showings contact Laura Diaz (Lic C21799) or Efrain Picon (Lic C25518) .

San Juan - Condado-Miramar, Sector - Condado

Showing general area: San Juan - Condado-Miramar

Is this yours? Claim it to republish it or take it down. Yes, this is mine