Elizabeth Romero West Coast Real Estate The Best Real Estate in the Island

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Arroyo (Puerto Rico, US - 00714)
$380,000 $ 170K Under Appraisal !
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"Fixer Upper - Income Property !"
 

PR Island Real Estate


Elizabeth Romero
 
Elizabeth Romero
Email Elizabeth
 
Phone: 787-380-2321
Cell: 787-380-2321
Fax: 787-826-2321
 
Details

Address: Sector Ancones Carr. PR #755 Type: Multifamily Style: Three Main / Seperate Building Structures ! Bedrooms: 12 "4-2nd fl 3-1st fl 5eaApt" Bathrooms: 8 "2-2nd fl 1-1st fl 5ea Apt" Size: 0 sq. ft. "Investment Property" Lot Type: Rectangular Lot Size:  4.85acres  n/a "Flat - Green Pastures w/ water well" Year Built: n/a "Private Entrance"
 
Description

This property presents a very unique business opportunity for a special kind of customer with a vision for a specific target niche and a mindset for long term recurring income development. It consists of approximately 4.85 acres of beautiful, green, flat land tucked away from view in a very private and secluded rural area of the Ancones Ward in the city of Arroyo, PR off PR HWY # 3 and PR # 755. There are three separate building structures on the land that were built to support a commercial enterprise. All three buildings, although fully functional, do require repairs and a lot of TLC. The main building consists of a 2 story concrete structure with 4 bedrooms, 2 baths, a kitchen, a living and dinning room with a long front balcony on the 2nd floor. The 1st floor has 3 bedrooms, 1 bath, a kitchen, a living and dinning room. The second structure is a long concrete building consisting of 5 individual apartments, each with 1 bedroom, 1 bath, an open kitchen, living and dinning room area. These are rental units and several of them are currently rented. The 3rd building is a mixed concrete and metal building designed to host “open air” social activities consisting of 2 individual bathrooms, a kitchen and bar area as well as a BBQ pit. It can easily accommodate approximately 100+ guests. The property also has horse Stables and Corrales for livestock, and also has a water well with its functioning water pump. There is a nearby municipal irrigation canal that runs parallel to the north side of the property. This property is ideal for establishing a profit / income enterprise or for a non-profit organization. These could be; a senior citizen / nursing / retirement home, a company or church retreat facilities among others. The property is currently priced at 100K under appraisal. For additional information, call your REALTOR® today to schedule a viewing appointment. Offers are welcomed and will be considered.
 
Highlights

▪ Potential High Income Property for Profit / Non-Profit organizations.

Ideal for Commercial use as a Company Retreat / Retirement / Nursury / Rehabilitation Center.
▪ Property has a water well with a pump unit for irrigation.

Features
Exterior Finish
▪ Concrete Block
Sewer/Water Systems
▪ Public ▪ Septic
Roof
▪ Concrete Tile
Lot Features
▪ Clubhouse ▪ Fenced ▪ Horse Facilities
▪ Trees / Shrubs
View
▪ Hills ▪ Mountain View ▪ Pasture
▪ Valley
Extra Features
▪ Pets Allowed
Brokered and Advertised by:   Don Quijote Realty & Associates P2#1457383
 

Information is deemed to be correct but not guaranteed.



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