Description
Discover this excellent investment opportunity in Arecibo: a three level building with 6 spacious apartments, each with approx. 1,412 sq. ft., 3 bedrooms, 2 bathrooms, maid's quarters and private balcony.
The property features a classic facade with arches and balconies that provide cross ventilation and natural light, ideal for the long term rental market or for multi-generational housing projects.
Key features:
- 6 identical units approx. 1,412 pc each
- 3H / 2B per apartment + maid's quarters
- Private balcony in each unit
- Wide hallway and balcony design favoring ventilation
- Solid structure and comfortable layout for families
- Location in residential area with access to stores, services and main roads of Arecibo
Potential:
- Attractive cash flow due to number and size of units
- Possibility to optimize rents, divide into condominiums (according to regulations) or maintain as multifamily for portfolio
- Stable rental demand in the north area.