Buy

Ocean Park OCEAN PARK

  • House
Compare
$ 2,700,000

Ocean Park OCEAN PARK Puerto Rico (STL) , 00907

1
6000 Sq.Ft.
1
6000 Sq.Ft.

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 mo... 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. SELLER FINANCING AVAILABLE — A RARE OPPORTUNITY This property offers the advantage of seller financing, creating a unique entry point for qualified buyers seeking flexible acquisition terms. This structure can significantly enhance accessibility and investment leverage, making this an even more compelling opportunity in today’s market. Specific terms and conditions of the seller financing will be discussed directly with the listing agent. 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, seller financing flexibility, and additional growth potential in one of San Juan’s premier coastal locations. Investment Property | 10 Units | Ocean Park | San Juan, Puerto Rico

Show more Show less

Property Detail

Common Amenities

Profile Images

Get in touch with Real Estate Professional

Ocean Park OCEAN PARK Puerto Rico (STL) , 00907

Location Map

Zoom

Location Map

Zoom
Profile Images

Explore More

Rent
$ 2,300

Mundo Feliz (Condominio) 1 RODRIGUEZ EMA ST. 120,, Carolina, Puerto Rico 00979

Mundo Feliz (Condominio) 1 RODRIGUEZ EMA ST. 120 Carolina Puerto Rico (xP) , 00979

Buy
$ 950,000

1100 AVENIDA FERNANDEZ JUNCOS 1100, Fernandez Juncos (Sector), San Juan, Puerto Rico 00909

1100 AVENIDA FERNANDEZ JUNCOS 1100 Fernandez Juncos (Sector) San Juan Puerto Rico (xP) , 00909

Buy
$ 350,000

1554 CALLE VARRACUDA, Bahia Vistamar (Urbanizacion), Carolina, Puerto Rico 00983

1554 CALLE VARRACUDA Bahia Vistamar (Urbanizacion) Carolina Puerto Rico (xP) , 00983

Rent
$ 1,900

Taft 61 (Condominio) 61 CALLE TAFT 101,, San Juan, Puerto Rico 00911

Taft 61 (Condominio) 61 CALLE TAFT 101 San Juan Puerto Rico (xP) , 00911

Buy
$ 220,000

Carretera 132 BO. TALLABOA ALTA

Carretera 132 BO. TALLABOA ALTA Puerto Rico (STL) , 00624

Rent
$ 875

Condominio de Diego 444

Condominio De Diego 444 Calle de Diego San Juan Puerto Rico , 00923

Buy
$ 375,000

770 ROUTE UNIT Km 2.9

770 ROUTE UNIT Km 2.9 Puerto Rico (STL) , 00794

Buy
$ 1,500,000

6 GERTRUDIS

6 GERTRUDIS Puerto Rico (STL) , 00911

Buy
$ 110,000

0 PR 346 KM 2.2, Jaguitas (Barrio), Hormigueros, Puerto Rico 00660

0 PR 346 KM 2.2 Jaguitas (Barrio) Hormigueros Puerto Rico (xP) , 00660

Buy
$ 95,000

16 CELIS AGUILERA ST. CORNER

16 CELIS AGUILERA ST. CORNER Puerto Rico (STL) , 00674