Property Description
Prime Turnkey Multifamily Investment Opportunity in Rincon, Puerto Rico
Discover a rare investment opportunity in Rincon, Puerto Rico, the "Surf Capital of the Caribbean," with this turnkey multifamily property located in the heart of Rincon Town Center. This fully operational property offers a solid return on investment with both short-term and long-term rental potential. Situated walking distance to Rincon’s lively town square, it offers tenants a perfect balance of residential tranquility and easy access to numerous restaurants, bars, and local shops. The stunning Rincon beaches are also just a short drive away, ensuring the property is poised to attract year-round rental demand.
This property spans three levels and features five separate apartments, each with its own private kitchen, living area, and bathroom, all equipped with air conditioning for optimal comfort. The first level includes a 1-bedroom, 1-bath apartment and a 2-bedroom, 1-bath apartment with a balcony, offering a cozy and welcoming living space. The second level houses two 2-bedroom, 1-bath apartments, both featuring spacious walkout terraces. The ground level includes a 3-bedroom, 1-bath apartment with ample living space. Each unit is designed for tenant convenience, with multiple parking spaces and a laundry facility located on the lower level.
The property sits on a 1,417 m² lot, providing plenty of room for future development or additional amenities, which could increase both rental income and overall property value. The mixed zoning offers flexibility for potential expansion, adding even more value to this already promising investment. Gross Building Area of 3,908 SF. and a Gross Living Area of 3,153 SF, this property is an excellent opportunity for both experienced and new investors.
Rincon’s growing popularity as a tourist and residential destination makes this property an excellent choice for anyone seeking to capitalize on the area's continued appreciation and demand. Whether you are looking to enter the lucrative short-term rental market or secure long-term rental income, this multifamily property offers flexibility and potential for significant returns. With easy access to the town center and nearby beaches, it offers the perfect mix of convenience, comfort, and prime location.
This is your chance to invest in a thriving market at an attractive price. Don’t miss out on this exceptional multifamily opportunity in Rincon. Contact us today for more information and to schedule a tour.