Midtown Office Building, Hato Rey

Ave. Muñoz Rivera | San Juan | PR | 00918


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Confidentiality Agreement

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Property Details

  • Available SF: 2,119 SF
  • Price: $ 98,000
  • Sale Price: 98,000
  • Transaction Type: For Sale
  • Property Type: Office
  • Parking: 5
  • Parcel ID / CRIM 163-051-167-02
  • Availability: Sold

Property Highlights

    • Excellent location in the heart of Hato Rey.
    • Ideal for lawyers, accountants, advertising agencies, shared office and co-working spaces, medical offices, and other potential uses.
    • 2,119 s/f
    • Divided into 4 spaces plus a reception area and waiting room
    • Central air
    • Five (5) parking spaces and the opportunity to rent additional parking spaces
    • Power generator for common areas
    • 24/7 security
    • Utilities included in the maintenance fee
    • Annual Property Taxes $4,198.12
    • Monthly Maintenance Fee $2,098.92
    • Annual Common Area Insurance $2,295.26

Property Description

Excellent location in the heart of Hato Rey. Close to the San Juan Judicial Center, hospitals, universities, banks, and more. Ideal for lawyers, accountants, advertising agencies, shared office and co-working spaces, medical offices, and other potential uses.  It has 2,119 s/f divided into 4 spaces plus a reception area and a very spacious waiting room with central air. Includes five parking spaces (rent included in maintenance) and the opportunity to rent additional parking spaces for $30 per month. The building has a power generator for common areas, 24/7 security, and utilities are included in the maintenance fee. Annual Property Taxes $4,198.12, Monthly Maintenance Fee $2,098.92, Annual Common Area Insurance $2,295.26.

Excelente localización en el corazón de Hato Rey. Cerca del Centro Judicial de San Juan, hospitales, universidades, bancos, etc. Ideal para abogados, contables, agencias de publicidad, oficinas compartidas (“Share Office and Coworking Space”) oficinas médicas, entre otros posibles usos. Cuenta con 2,119 p2 divididos en 4 espacios más área de recepción y sala de espera muy amplia con aire central. Cuenta con cinco estacionamientos (renta incluida en el mantenimiento)y oportunidad para rentar estacionamientos adicionales por $30 mensuales. Edificio cuenta con generador eléctrico para las áreas comunes, seguridad 24/7 y además el agua y la luz está incluida en el mantenimiento. CRIM Anual $4,198.12 Mantenimiento Mensual $2,098.92 Seguro Comunal Anual $2,295.26 En Alianza con Commercial Partners

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Financial Summary

Investment Highlights

Price $98,000.00
Price / Unit $32,666.67
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $98,000.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00