15-Unit Multifamily Investment Opportunity in Condado | Seller Financing Available

Description

15-Unit Multifamily Investment Opportunity in Condado – Seller Financing Available

Presenting an exceptional multifamily investment opportunity in the highly desirable Condado district of San Juan, Puerto Rico. Located at 71 José de Diego Avenue, this four-story, reinforced concrete residential building encompasses approximately 11,438 square feet of gross living area and features 15 residential units.

Ideally situated within one of San Juan's most established and sought-after residential and tourism markets, the property offers investors an opportunity to acquire a substantial multifamily asset in a prime urban location. Its proximity to Condado Beach, Ashford Avenue, restaurants, retail, hotels, and cultural attractions further enhances its appeal.

With residential zoning, Flood Zone X classification, and potential for long-term multifamily investment, this property represents an attractive opportunity for investors seeking to expand their residential portfolio in Puerto Rico.

Offered at $6,300,000 or Best Offer. Seller financing available for up to 65% of the purchase price, subject to terms and conditions.

Location

Located along José de Diego Avenue in the Condado district of San Juan, this property enjoys a strategic position within one of Puerto Rico's most recognized and desirable urban neighborhoods.

Condado is known for its distinctive blend of residential living, hospitality, dining, shopping, and recreational amenities. The property is conveniently located near Condado Beach, Ashford Avenue, La Ventana al Mar, the Museum of Art of Puerto Rico, and a wide selection of restaurants, hotels, and retail destinations.

Its central location provides convenient access to the Santurce business and cultural district, Ocean Park, Old San Juan, and major transportation corridors, making it an appealing location for residential tenants and an attractive investment destination for multifamily property investors.

Highlights

• Asking Price: $6,300,000 or Best Offer
• Property Type: Multifamily Residential
• Number of Units: 15 Residential Units
• Building Size: Approximately 11,438 SF Gross Living Area
• Land Area: 552.67 m² (5,948.89 SF)
• Building Configuration: Four Stories
• Construction: Reinforced Concrete
• Zoning: R – Residential
• Flood Zone: X
• Tax Parcel Number: 040-050-607-01
• Financing: Seller financing available for up to 65% of the purchase price, subject to terms and conditions.
• Location: 71 José de Diego Avenue, Condado, San Juan, Puerto Rico