$1,725,000

Multi-family

Condado, San Juan - Condado-Miramar, Puerto Rico

High-yield 7-unit multi-family investment on Placid Court St, Condado. Delivers a proven 8.87% Cap Rate and 9.71% ROI. Appraised at $2,000,000, this cash-flowing asset generates $194,299 Gross Annual Income and $177,380 NOI. It operates with highly efficient margins: $16,920 total OPEX, $14,400 utilities, and $3,743 property taxes. Strictly cash or commercial financing. All units are fully furnished, equipped, and feature AC in all bedrooms to minimize immediate CapEx. Premium rental demand is driven by unbeatable walkability—mere steps from 24/7 Supermax, Embassy Suites, Condado Beach, and vibrant nightlife. For showings contact Laura Diaz (Lic C21799) or Efrain Picon (Lic C25518) . Puerto Rico

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