INVESTMENT OPPORTUNITY IN MAYAGÜEZ: Massive oceanfront multi-unit complex now available for an urgent sale, priced significantly under market value at $650,000 (reduced from $900,000). 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 $12,000 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.
INVESTMENT OPPORTUNITY IN MAYAGÜEZ: Massive oceanfront multi-unit complex now available for an urgent sale, priced significantly under market value at $650,000 (reduced from $900,000). 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 $12,000 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.
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