Property Description

Mixed-use building located in one of Arecibo's busiest areas: Villa Los Santos Urbanization, next to the University of Puerto Rico at Arecibo (CUTA) and across from the Medical Tower on Highway 653. A location with high demand for both commercial and residential use. The property has approximately 6,480 square feet of construction on a 338 sq m lot and is distributed as follows: 4 commercial spaces and 4 residential apartments. Currently, 6 of the 8 units are rented, generating over $3,500 in monthly income. Additionally, 2 units remain available, providing an opportunity to increase cash flow and maximize the property's profitability. Total income potential of $4,900.00. Regarding utilities, the building has 1 water meter and 6 LUMA electric meters, a distribution that facilitates service management for the different units. With these figures, the property projects an approximate cap rate of 10%, an indicator widely recognized as attractive to investors seeking assets with recurring income and long-term appreciation potential. If your goal is to diversify your portfolio, strengthen your wealth, and acquire a property with cash flow from closing, this is an opportunity worth considering. Invest in an asset that already generates income! ð??? For more information or to schedule a visit, call 787-898-4894. ð??? Visits by appointment only. The best investments don't wait. Make your capital work for you and start building wealth today that will generate income for many years. Sale Price: $380,000..

Property Features