Former Motel In Naguabo - FOR SALE

Located at the east coast of Puerto Rico, this 1-Acre former motel property represents a value-add opportunity in Naguabo, directly on State Road PR-3, which intersects with the Naguabo Malecón to its south including many restaurants, bars, stores, among other commercial properties near the ocean where locals and tourists vacation. The property was known as the Real Palmas Motel consisting of three (3) concrete and concrete block structures in shell conditions with 30 cabins, totaling approximately 20,000 square feet. Each structure has two stories with ten (10) cabins of approximately 6,500 square feet each. It is less than 2-miles east of the Naguabo Town Core, and just south of State Road PR-53 which is the main access road connecting the municipalities along the eastern coast of the island. Naguabo is bordered by the Vieques Passage, north of Humacao, south of Rio Grande and Ceiba, and east of Las Piedras.Located on the east coast of Puerto Rico, this 1-acre former motel property in Naguabo offers a prime value-add opportunity. Situated directly on State Road PR-3, it intersects with the Naguabo Malecón to the south, an area bustling with restaurants, bars, stores, and other commercial establishments near the ocean, popular with both locals and tourists. Previously known as the Real Palmas Motel, the property features three concrete and concrete block structures in shell condition, encompassing a total of 30 cabins and approximately 20,000 square feet. Each two-story structure houses ten cabins, each covering roughly 6,500 square feet. The property is located less than 2 miles east of the Naguabo Town Core and just south of State Road PR-53, the main access road connecting municipalities along Puerto Rico's eastern coast. Naguabo is bordered by the Vieques Passage, north of Humacao, south of Rio Grande and Ceiba, and east of Las Piedras.