Puerto Nuevo Multi-Family
Multifamily | 9 Units | $94,444/unit
Marketing description
9-Unit Multifamily in Puerto Nuevo – Income, Location, and Scalability
Located at 517 Arabia Street, this fully occupied 9-unit asset offers 3,946 sq ft of rentable space in one of San Juan’s most accessible corridors. With $90,216 in gross annual income plus $2,500 in ancillary laundry revenue, this property delivers consistent cash flow and operational efficiency. Just minutes from major malls, hospitals, and transit hubs, it’s ideal for investors seeking turnkey performance with upside potential.
Includes 5 dedicated parking spaces, separate meters, and stable long-term tenants. Zoned for multifamily use with potential for short-term rental conversion.
Investment highlights
• 🏘️ Unit Count: 9 residential units
• 📐 GLA: 3,946 sq ft
• 💵 Gross Income: $90,216/year
• 🧺 Ancillary Income: $2,500/year (laundry)
• 🅿️ Parking: 5 dedicated spaces
• 📍 Location: Near Mall of San Juan, hospitals, and transit
• 🧮 Cap Rate: ~11% at asking price
• 🏗️ Zoning: Multifamily with STR potential
• 📊 Occupancy: 100% stabilize
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