Asking Price
$ 2,700,000Status
Active1818 Calle Loiza
SAN JUAN, PR,00911, CONDADO
Overview
11 Bedrooms
8 Bathrooms
Garage
13,068 sqft
Year Built: 1970
School Nearby
Description
Introducing 1818 Guesthouse, a unique 10-unit Airbnb property located in the vibrant heart of Calle Loiza. This guesthouse offers a mix of spacious studios, 1- and 2-bedroom units, perfect for both short and extended stays as well as long-term rental tenants. Of the 10 units, 6 are oversized, with many featuring separate living rooms and kitchenettes, providing guests with added comfort and convenience. The property includes a total of 11 finished bedrooms, while one additional bedroom and bath on the ground floor is ADA-compliant, offering an accessible bunk/hostel-style room with an attached bathroom (pending completion). Key Highlights: - Prime Location: Situated in the bustling Calle Loiza neighborhood, ideal for exploring local dining, shopping, and entertainment. - Spacious Units: Six out of ten units have larger living spaces, with some including separate living areas and kitchenettes. - Food & Beverage Potential: The property has additional F&B opportunities, including a rear ground-floor patio space perfect for guest dining or events. - Additional commercial space rental income on the ground floor - Potential rooftop buildout pool with city views Remaining Work: - Ground Floor Completion: Including concrete slab installation, floor finishing, and minor plumbing. - Electrical & Finishing Touches: All infrastructure is in place, with minor electrical work (plugs, switches, and lighting) and paint touch-ups remaining. The current investment group has received a conceptual endorsement from the department of Tourism to receive the Act 60 Tourism incentives making this a great opportunity for the buyer to apply for the tax credits under the Puerto Tourism Act 60. 1818 Guesthouse is the rare opportunity to own an Airbnb-ready property with tremendous commercial potential on the ground floor in one of Puerto Rico’s most sought-after locations.
Features
Status: Active
Beds: 11
Baths: 8
Square Footage: 13,068 Sq. Ft
HOA Fee: -
Property Type: Condominium
MLS Number: PR9109921
Days on Market: 5
Year Built: 1970
Lot Size:
County: San Juan
Taxes: $
Address
1818 Calle Loiza , SAN JUAN ,PR
Listing provided by: CHRISTIE'S INTERNATIONAL REAL ESTATE PUERTO RICO, 787-400-0699
Asking Price
$2,700,000Status
ActiveSimilar Properties
Based on information submitted to the MLS GRID as of 11/12/2024 17:39. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.