Description

TURNKEY 10-UNIT INVESTMENT PROPERTY | OCEAN PARK, SAN JUAN Exceptional opportunity to acquire a fully renovated 10-unit multifamily investment property in Ocean Park, one of San Juan’s most desirable coastal neighborhoods and a highly sought-after location for both short- and long-term rentals. Ideally positioned near the beach, parks, restaurants, cafés, hotels, entertainment venues and San Juan’s vibrant nightlife, the property offers guests and residents convenient access to many of the experiences that make the Ocean Park area an attractive place to live, vacation and invest. Its strategic location also provides easy connectivity to Condado, Isla Verde, Santurce and the greater San Juan metropolitan area. The property consists of 10 completely modernized apartments and is currently operating with a combination of short-term and long-term rentals, providing flexibility to diversify income and adapt the rental strategy according to market demand. The apartments have been extensively updated, and the furnishings have also been recently renovated, allowing the property to continue operating as a turnkey hospitality and rental investment. Additional features include: * 10 modernized apartment units * Established short-term and long-term rental operation * Recently renovated furnishings * Full backup power generator * Water cistern * On-site parking * Private covered parking/carport * Strong historical rental performance * Established operating history * Excellent location near Ocean Park Beach * Proximity to restaurants, hotels, parks, entertainment and nightlife * Potential to increase occupancy, average length of stay and overall rental revenue With an established production history and existing rental operation, the property provides an investor with the opportunity to acquire an income-producing asset while still offering additional upside through revenue management, increased occupancy and longer guest stays. Ocean Park continues to stand out as one of San Juan’s most appealing neighborhoods because of its combination of urban lifestyle and beach accessibility. Residents and visitors can enjoy the Caribbean coastline while remaining minutes from some of the metropolitan area’s most active dining, hospitality and entertainment districts. This is an excellent opportunity for an investor seeking a turnkey multifamily property with diversified rental income, established performance and additional growth potential in one of San Juan’s premier coastal locations. Investment Property | 10 Units | Ocean Park | San Juan, Puerto Rico