Properties

Property Description

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.

Features
: Electric
: Mini-Split Unit(s)
: Other
: Ninguno
: Public Sewer
: None
: Electricity Connected
Address Map
US
PR
San Juan
San Juan
00911
CALLE LOIZA
1818
W67° 55' 20.1''
N18° 26' 59.1''
00911 - San Juan
C-2
Driving from Baldorioty de Castro merge into exit to Avenida Jose de Diego and turn right in Calle Loiza and you will see building 1818 Calle Loiza to the right.
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/PR9110071
2024-11-14
11
: Concrete Perimeter
: Concrete
Listing Information
743511868
743580069
Active
2024-11-18T18:31:08Z
Stellar
: None
2024-11-14T18:36:54Z
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1818 San Juan

1818 Calle Loiza, San Juan, Puerto Rico 00911

13,068
$2,700,000
Listing ID #PR9110071
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : PR9110071
Price : $2,700,000
Square Footage : 13,068
Year Built : 1970
Lot Area : 0.30 Acre
Status : Active
Office Name : CHRISTIE'S INTERNATIONAL REAL ESTATE PUERTO RICO
Agent Name : Melanie Gigante
Property Sub Type : Multi-Family
Roof : Concrete
Listing Status : Active
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Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
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