8 apartments / 12 bedrooms total / Residence Park is a town building started in 2009 located a short walk from the heart of San Juan and a block from the beach. An easy walk to restaurants/bars, shopping, and lots of fun activities.
It's a 1/4 acre lot size building of 2 levels with a pool in the middle, 2 social areas with terrace and ocean view
4 apartments per floors total of 4: 2 bedrooms + 4: 1 bedroom
The place has a gate and is 24/7 secured
A staff is permanently on site
This listing has to be seen as an investment. Residence Park produce a small but safe an constant income
The unit could be resale independently (the market is actually asking for for town-home units in city center)
All the units are equipped with a salon area, a kitchenette with a fridge, have A/C in rooms and hot water to shower
It's a good listing to negotiate to resale unit per unit. The privacy for each units could be improve to turn the residence/hotel in a residence/condominium
I will resale 6 of the 8 units and keep 2 to control and offer vacations rental.
This residence is made today for retire (month rentals), single person, small couple (young)
2 apartments have a unique private space with ocean view.
The 6 others units have an ocean view only from the common and shared area (Terrace)