Existing improvements comprise three (3) main structures plus complementary improvements. The facility includes four (4) commercial spaces, nine (9) apartment units and six (6) cottages, totaling a gross building area (GBA) of 12,322 square feet.
Structure #1 consists of a three-story mixed-use building that totals 8,611 square feet and is constructed of reinforced concrete and concrete block walls. It consists of a commercial space (Locale #1) on the first floor, a commercial space (Locale #2) and a 1Br-1Ba apartment (Apt. #1) on the second floor and five (5) 1Br-1Ba apartments (Apts. #2 to #6) and a 2Br-1Ba apartment (Apt. #7) on the third floor. The physical condition of commercial spaces can be rated as average. However, the apartments require some repairs/corrections (deferred maintenance) due to the lack of adequate maintenance. The cost of repairs/renovations was estimated at $10,000.
Structure #2 consists of a two-story mixed-use building totaling 2,892 square feet and is constructed of
reinforced concrete and concrete block walls. It consists of two (2) commercial spaces (Locales #3 and
#4) on the first floor and a 2Br-2Ba apartment (Apt. #8) and six (6) cottages on the second floor. The
cottages refer to motel-type cabins for daily rental. Locale #3 is rented for a barber shop and is in
average physical condition. However, the locale #4 (storage space), the 2Br-2Ba apartment and all
cottages require several repairs/corrections (deferred maintenance) due to the lack of adequate
maintenance. The cost of repairs/renovations was estimated at $15,000.
Structure #3 consists of a one-story single-family house (Apt. #9) of 819 square feet. It is constructed
of reinforced concrete, concrete block walls and wood/metal roof. The interior layout includes living,
dining, kitchen, four bedrooms and a full bathroom. The physical condition can be rated as average.
The subject facility has five (5) electricity meters, and the water service is free of charge through
sunken water well. Complementary improvements of structure #1 include wood roof terrace/dinner
with a restroom, two balconies, two staircases and iron works. Structure #2 includes double carport,
balconies, staircase and iron works and structure #3 a large balcony. Total gross construction area
(GCA) is 15,116 square feet.
In summary, the property (improvements) requires a considerable investment (repairs/renovations)
estimated that it will cost $25,000. The cost amount for repairs/renovations is a good faith estimate.
The appraiser is not an expert in this field.
Structure #1 consists of a three-story mixed-use building that totals 8,611 square feet and is constructed of reinforced concrete and concrete block walls. It consists of a commercial space (Locale #1) on the first floor, a commercial space (Locale #2) and a 1Br-1Ba apartment (Apt. #1) on the second floor and five (5) 1Br-1Ba apartments (Apts. #2 to #6) and a 2Br-1Ba apartment (Apt. #7) on the third floor. The physical condition of commercial spaces can be rated as average. However, the apartments require some repairs/corrections (deferred maintenance) due to the lack of adequate maintenance. The cost of repairs/renovations was estimated at $10,000.
Structure #2 consists of a two-story mixed-use building totaling 2,892 square feet and is constructed of
reinforced concrete and concrete block walls. It consists of two (2) commercial spaces (Locales #3 and
#4) on the first floor and a 2Br-2Ba apartment (Apt. #8) and six (6) cottages on the second floor. The
cottages refer to motel-type cabins for daily rental. Locale #3 is rented for a barber shop and is in
average physical condition. However, the locale #4 (storage space), the 2Br-2Ba apartment and all
cottages require several repairs/corrections (deferred maintenance) due to the lack of adequate
maintenance. The cost of repairs/renovations was estimated at $15,000.
Structure #3 consists of a one-story single-family house (Apt. #9) of 819 square feet. It is constructed
of reinforced concrete, concrete block walls and wood/metal roof. The interior layout includes living,
dining, kitchen, four bedrooms and a full bathroom. The physical condition can be rated as average.
The subject facility has five (5) electricity meters, and the water service is free of charge through
sunken water well. Complementary improvements of structure #1 include wood roof terrace/dinner
with a restroom, two balconies, two staircases and iron works. Structure #2 includes double carport,
balconies, staircase and iron works and structure #3 a large balcony. Total gross construction area
(GCA) is 15,116 square feet.
In summary, the property (improvements) requires a considerable investment (repairs/renovations)
estimated that it will cost $25,000. The cost amount for repairs/renovations is a good faith estimate.
The appraiser is not an expert in this field.
Property Details
Price:
$990,000
MLS #:
PR9103899
Status:
Active
Beds:
0
Baths:
0
Address:
149 HM. HM 64.1
Type:
Commercial
Subtype:
Multi Family
City:
JUANA DIAZ
Listed Date:
Jan 4, 2024
State:
PR
Finished Sq Ft:
12,322
ZIP:
00795
Lot Size:
32,234 sqft / 0.74 acres (approx)
Year Built:
1970
See this Listing
Antonio Irizarry brings with him an impressive background of valuable insight and real estate market knowledge spanning over 7 years. His accomplished career began in Puerto Rico having forged his Business expertise establishing different kinds of business during the years 2005-2016. He is exceptionally proud to be the Broker Agent with RealtyBrokerPR.com where he has access to the latest technology and an extensive wealth of resources, in addition to a growing database of international buyers, …
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Interior
Cooling
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Exterior
Construction Materials
Concrete
Financial
Buyer Agent Compensation
3%-$125%
Map
Community
- Address149 HM. HM 64.1 JUANA DIAZ PR
- CityJUANA DIAZ
- CountyJuana Díaz
- Zip Code00795
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Courtesy of BLASINI REALTY GROUP. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than (743590029) REALTYBROKERPR.COM include the name of the listing broker. Neither the listing company nor (743590029) REALTYBROKERPR.COM shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 149 HM. HM 64.1
JUANA DIAZ, PR
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