Introducing 1818 Guesthouse, a unique 10-unit Airbnb property located in the vibrant heart of Calle Loiza. This guesthouse offers a mix of spacious studios, 1- and 2-bedroom units, perfect for both short and extended stays as well as long-term rental tenants.
Of the 10 units, 6 are oversized, with many featuring separate living rooms and kitchenettes, providing guests with added comfort and convenience. The property includes a total of 11 finished bedrooms, while one additional bedroom and bath on the ground floor is ADA-compliant, offering an accessible bunk/hostel-style room with an attached bathroom (pending completion).
Key Highlights:
– Prime Location: Situated in the bustling Calle Loiza neighborhood, ideal for exploring local dining, shopping, and entertainment.
– Spacious Units: Six out of ten units have larger living spaces, with some including separate living areas and kitchenettes.
– Food & Beverage Potential: The property has additional F&B opportunities, including a rear ground-floor patio space perfect for guest dining or events.
– Additional commercial space rental income on the ground floor
– Potential rooftop buildout pool with city views
Remaining Work:
– Ground Floor Completion: Including concrete slab installation, floor finishing, and minor plumbing.
– Electrical & Finishing Touches: All infrastructure is in place, with minor electrical work (plugs, switches, and lighting) and paint touch-ups remaining.
The current investment group has received a conceptual endorsement from the department of Tourism to receive the Act 60 Tourism incentives making this a great opportunity for the buyer to apply for the tax credits under the Puerto Tourism Act 60.
1818 Guesthouse is the rare opportunity to own an Airbnb-ready property with tremendous commercial potential on the ground floor in one of Puerto Rico’s most sought-after locations.
Of the 10 units, 6 are oversized, with many featuring separate living rooms and kitchenettes, providing guests with added comfort and convenience. The property includes a total of 11 finished bedrooms, while one additional bedroom and bath on the ground floor is ADA-compliant, offering an accessible bunk/hostel-style room with an attached bathroom (pending completion).
Key Highlights:
– Prime Location: Situated in the bustling Calle Loiza neighborhood, ideal for exploring local dining, shopping, and entertainment.
– Spacious Units: Six out of ten units have larger living spaces, with some including separate living areas and kitchenettes.
– Food & Beverage Potential: The property has additional F&B opportunities, including a rear ground-floor patio space perfect for guest dining or events.
– Additional commercial space rental income on the ground floor
– Potential rooftop buildout pool with city views
Remaining Work:
– Ground Floor Completion: Including concrete slab installation, floor finishing, and minor plumbing.
– Electrical & Finishing Touches: All infrastructure is in place, with minor electrical work (plugs, switches, and lighting) and paint touch-ups remaining.
The current investment group has received a conceptual endorsement from the department of Tourism to receive the Act 60 Tourism incentives making this a great opportunity for the buyer to apply for the tax credits under the Puerto Tourism Act 60.
1818 Guesthouse is the rare opportunity to own an Airbnb-ready property with tremendous commercial potential on the ground floor in one of Puerto Rico’s most sought-after locations.
Property Details
Price:
$2,700,000
MLS #:
PR9110071
Status:
Active
Beds:
0
Baths:
0
Address:
1818 CALLE LOIZA
Type:
Multi Family
Subdivision:
CONDADO
Neighborhood:
00911 – San Juan
City:
SAN JUAN
Listed Date:
Nov 14, 2024
State:
PR
Finished Sq Ft:
13,068
ZIP:
00911
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1970
Units:
11
See this Listing
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Interior
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- Address1818 CALLE LOIZA SAN JUAN PR
- SubdivisionCONDADO
- CitySAN JUAN
- CountySan Juan
- Zip Code00911
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Courtesy of CHRISTIE’S INTERNATIONAL REAL ESTATE PUERTO RICO. 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 CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti 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.
1818 CALLE LOIZA
SAN JUAN, PR
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