Income Producing Mixed-Use Portfolio in Río Piedras

The Río Piedras is a vibrant sector of San Juan, Puerto Rico, known for its cultural diversity and academic institutions. Home to the University of Puerto Rico, it's a hub of education and research. The district boasts a mix of historic and modern architecture, with colorful buildings lining its streets. The lively marketplace, Plaza del Mercado de Río Piedras, offers fresh produce, local cuisine, and crafts. Residents enjoy green spaces like Parque Muñoz Rivera and Parque Barbosa, where outdoor activities are common. The neighborhood's rich history, artistic scene, and bustling urban life make Rio Piedras a dynamic and captivating part of San Juan.Río Piedras Incentives_https://www.elnuevodia.com/negocios/bienes-raices/notas/municipio-de-san-juan-otorgara-beneficios-a-arrendadores-que-ofrezcan-rentas-asequibles-en-rio-piedras/ Introducing a unique assemblage of six strategically positioned properties in the vibrant heart of Rio Piedras in San Juan. Comprising a total of 84 units, including 9 commercial spaces, this investment opportunity is defined by its prime location adjacent to the urban train stations of both Rio Piedras and University of Puerto Rico campus, offering unparalleled connectivity. Five of the properties seamlessly converge, creating a cohesive development, while the sixth property, located just across the street, adds an extra dimension to the assemblage. Currently, three of the properties generate steady income, while the remaining three present significant upside potential, awaiting completion of buildout and lease. The area is witnessing a surge in development, underscored by major investments and the presence of key institutions like the University of Puerto Rico, Auxilio Mutuo Hospital, and the Judicial Center of San Juan, making this assemblage an exceptional investment opportunity in a rapidly evolving and promising urban landscape. Mixed -Use 84-Units Rental Portfolio Located at No. 3 & 4 Arzuaga Street & No. 1103, 1105 1106, 1107 Ponce de Leon Avenue Area: 1,632 Square Meters Zoning: CT-3 (Intermediate Tourist Commercial) CRIM #'s: 087-012-548-14-901, 087-012-548-15-001, 087-012-548-16-001, 087-012-548-17-001, 087-012-548-18-001 & 087-012-527-10-001 Ideal for: Mixed-Use Rental Portfolio Owner could elect to participate in multiple different tax incentives with this asset from bed and breakfast, hospitality, housing and Act 60 company in the commercial space Don’t miss this excellent income producing opportunity!