1003 AVE PONCE DE LEON

Commercial Office Building consists of a mixed commercial and residential building of reinforced concrete construction without parking. It has public transportation as two urban train stations step away, and some vacant parking lots close to it. Four-story mixed-use rental building compromising 12,204 square feet. The property is distributed among three commercial units on the first floor, a commercial second floor, and seven apartment units on the two upper levels. 12 electric meters, 12 water meters, electric substation. It is a well-maintained property and 100% occupied by ten tenants. Approximately 340 square meters, located in the Ponce de León Ave. in Rio Piedras, next to the University of Puerto Rico. The apartment units oriented toward the affordable rental market segment. This property has a prime location as it is within proximity to medical facilities, schools, universities, local restaurants, entertainment, historic buildings, and transportation. It is surrounded by Institutional, commercial, retail, recreational and residential elements which make the area very attractive . price is negotiable. Annual Rental Income approx $96,000.00.