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$177,000

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

Beds 6 | Baths 5 | Sqft 3,467

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, utilities, and 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) .
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Showing general area: San Juan - Condado-Miramar

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