💸Asking Price: $2,890,000

Creative Finance Opportunity:

$1,250,000 Subject to the loan 11.25%

$1,390,000 Owner Finance

Terms of Owner Finance in 2nd Position:

Year 1: 0% interest and 0 payments

Year 2: 5% interest accruing with $5,000 monthly payments toward principle.

Year 3: 8% Interest accruing with $8,000 monthly payments.

Down Payment:

$250,000

🌴Property Details:

🛌🏽Bedrooms: 24 BEDROOMS

🛀🏾Bathrooms: 22 BATHROOM

📅Year Built: 1956

📐Square Footage: 10,500 sqft

📐Lot: 3,500 Sq. Ft.

🌴Property Condition:

Discover the potential of this property located in the heart and Art District of San Juan Puerto Rico. The Looking Glass Hotel is located 5 min from the famous Condado Beach and 11 minutes from San Juan International Airport. With Just an $7 Uber ride, your guest will flood into the unique Puerto Rican experience as they take a deep dive into the rich culture the community on Ponce DeLeon has to offer. With 24 bedrooms, 22 bathrooms, a restaurant at the ground level, and Rooftop happening area to create your event space, the Looking Glass Hotel offers a wealth of opportunity including 40% tax credits and tax exemptions and is located in an opportunity zone which allows you to park your capital gains while you build equity. Embrace the 10,500 square feet of untapped potential and create a dream haven in this captivating space.

🏡Location: San Juan Puerto Rico

Long Term opportunity with a Flip Price Tag!! Do NOT miss out on this one..

San Juan is the perfect destination for anyone looking for fun and adventure in the Caribbean. The city offers a mix of historical, cultural, and natural attractions that will appeal to all kinds of travelers. Whether you want to explore the old forts and museums, enjoy the vibrant nightlife and cuisine, or relax on the stunning beaches and parks, San Juan has something for everyone. Here are some of the fun attractions that you can find in San Juan:

• Castillo San Felipe del Morro: This is a 16th-century fortress that stands on a cliff overlooking the ocean.
• La Placita de Santurce: This is a lively square that transforms into a street party every night. It is surrounded by bars, restaurants, and music venues that cater to all tastes and budgets.
• El Yunque National Forest: This is the only tropical rainforest in the US national forest system, and it is located about an hour away from San Juan. You can hike through the trails, swim in the waterfalls, and marvel at the biodiversity and beauty of the forest.

🧭Attractions: San Juan is home to several excellent attractions, including Old San Juan, Condado Beach, and tours such as the Bioluminescent Bay Tour providing endless opportunities for adventure!

🎉Local Events and Festivals: Stay tuned for local events and festivals happening in San Juan Puerto Rico throughout the year, such as shows, night life, music festivals, food events, and community celebrations.

📞 TEXT or CALL now for more info at +1 (425) 967-2317

👉 Don’t miss out on the chance to add this 🔥 HOT🔥 off-market Hotel to your portfolio! Discounted for a CASH BUYER WHO KNOWS A DEAL WHEN THEY SEE IT! This is the deal you’ve been waiting for, contact us today before it’s sold!