Development Property in Santa Olaya Bayamon

Located in Bo. Santa Olaya, Bayamón, within the tranquil “El Punto” sector, this exceptional multi-family property offers a unique mountain-meets-city setting just minutes from the urban core. The property features 16 residential units (fourteen 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units) across 7,530 square feet of construction on a 1,323.32 square meter lot. Currently in the early stages of renovation, this fully remodeled asset presents an excellent opportunity for buyers to participate in the completion process. The property includes 20 parking spaces, commercial-grade water and electric meters, and individual meters for each unit, supporting efficient operation and long-term scalability. Its proximity to universities, schools, and essential services contributes to consistent rental demand and strong investment potential. Please note that the images provided are architectural renderings of the final project and do not reflect the current condition of the property, which is presently under construction. Updated progress photos will be available soon. Property Taxes (CRIM): Approx. $1,818 annually