Seller Finance Opportunity to own an 18k sf building in PUERTO RICO

Santurce, San Juan, PR, 00915 view full address
For Sale
Listed at: November 16th, 2023
Price
$1,000,000
ARV
$2,000,000
Sq. Footage
18100
Type
Commercial
Parking
Assigned
Year build
1980
Lot size
0.15 acres
Bedrooms
25
Bathrooms
15
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

🌟🏒 **Prime Commercial Property in San Juan, PR!** 🏒🌟

πŸ“£πŸ“£πŸ“£ **Asking Price: $1,000,000** πŸ“£πŸ“£πŸ“£

 

Let me show you how to buy this property on Seller finance, (30% down), get delayed payments up to a year, and I will show you how to get financing for the rehab. PLUS I will connect you with the Puerto Rican Tourism department who will approve you for a tourism project. 

 

TOURISM PROJECTS: The Government of PR in an effort to encourage tourism has missed several programs. One of which allows the owner of a small hotel to get 40% of their money back from the project in tax credits. Those tax credits can be sold for 95 cents on the dollar. So here is the simple math:

$1 million purchase price

$1 million rehab budget

$100k first year operating budget

______________________________
$2.1 million x 40% = $840,000 in PRican Tax Credits
You can use that to pay your taxes OR you can sell them for cash
($840k x 95 cents = $798,000 in your pocket)

 

πŸŽ“ **Perfect Location:**
- πŸ“ Heart of the University District
- πŸš‰ Near Train Station
- πŸŽ’ Steps from Antilles College of Health & University Sagrado Corazon

🏒 **Property Details:**
- πŸ— Built in 1980
- πŸ“ 18,100 sq ft Total
- 🌳 Sits on 0.5 acres
- πŸ›  First Floor: 6,000 sq ft of Commercial Space
- 🏠 Floors 2-3: 11 Residential Units (3/4 Bed each)
- 🏒 Three Levels of Versatility
- πŸ›‹οΈ Linoleum and Concrete Floors

πŸš€ **Investment Highlights:**
- πŸͺ Use for Self Storage, Nightclub, Retail, Section 8 Housing, or a Boutique Hotel
- πŸ“ˆ **40% Cost Reimbursement** available through Puerto Rican Government Tax Credits
- πŸŽ₯ Must-Watch Video: Partner Robert Crager breaks down the Boutique Hotel conversion potential

πŸ” **Neighborhood Snapshot:**
- 🌳 Nearby Areas: Santurce, Viejo San Juan, Sabana Llana Sur, Cangrejo Arriba
- 🍽️ Restaurants: 0.02 mi
- 🍎 Groceries: 0.3 mi
- β˜• Cafe: 0.3 mi
- 🌲 Parks: 0.3 mi
- πŸ’Ό Shopping: 0.1 mi
- 🎟 Entertainment: 0.3 mi

🏦 **Financials:**
- πŸ’΅ **Seller Financing Available** with 30% Down
- πŸ“ˆ Potential for High ROI with Strategic Development

πŸ“ž **Interested?** Call/Text: (404) 795-4288
πŸ–±οΈ Ready to Make an Offer? Click "Make an Offer"
πŸ“„ Want the Contract Today? Click "Win it Now for $1,000,000"

🌟🌟🌟 **Don’t Miss This Unique Opportunity!** Own a strategic piece of San Juan’s bustling commercial and educational hub! 🌟🌟🌟

πŸ“£πŸ“£πŸ“£ **Explore, Invest, and Transform with Us!** This is your chance to leverage a prime location for diverse business opportunities in the vibrant heart of San Juan! πŸ“£πŸ“£πŸ“£

 

Sight-unseen offers with no DD prioritized.

Must close with our preferred title company.

The buyer pays all closing costs.

The deal is not final until EMD is received.

We DO NOT work with Keyglee & New Western

 

All terms are ultimately negotiable, if offer is AMAZING!

 

πŸ›‘πŸ›‘πŸ›‘Check out this amazing opportunity to grab this (off-market) deal. This is the one you have been waiting for to add to your portfolio before the end of the year! This one is clean and ready for tenant, or you can close and do a light rehab for bigger profits πŸ’΅. Either way, you can't go wrong on this deal!!!

 

πŸ“£πŸ“£ Don't miss out on the chance to grab this hot deal! I have deeply discounted it for a CASH BUYER WHO KNOWS A DEAL WHEN THEY SEE ITπŸ’΅πŸ’΅πŸ’΅... Don't be that buyer that calls me next week and I have to tell you it's gone already. This is the deal you have been waiting for!!!

 Make sure you watch the video at the bottom of this page...Robert Crager is our partner on this deal in PR. He breaks down the numbers of how to turn this into a Boutique hotel and get 40% tax credits back.

 

☎️ Call Jasmin OR shoot her a πŸ“± text for more info on this killer deal!!!!

Office Number: (404) 795-4288

 

πŸ’ͺ You can click the πŸ™Œ WIN IT NOW button and avoid all the bidding and πŸ” lock this one down right now πŸ₯³

 Make sure you watch the video at the bottom of this page...Robert Crager is our partner on this deal in PR. He breaks down the numbers of how to turn this into a Boutique hotel and get 40% tax credits back.

 

  *Important Notes & Disclaimers* 

Approaching the seller at any point is prohibited. Anyone who does will be permanently removed from our buyer's list AND black-listed with all other major wholesalers in the area. Further, such contact will be viewed as intentional interference with a contract and may result in legal action being brought against you. 

We are under contract with the seller of this property and are therefore a PRINCIPAL in the transaction.

Buyers are encouraged to perform their own due diligence regarding properties advertised by SecretInvestorsClub.com. Information provided by SecretInvestorsClub.com about advertised properties is taken from public records and other sources, is provided in good faith, but is not guaranteed to be accurate. After renovated value ("ARV"), estimated repair costs, and other such figures are simply estimates; as such, buyers should conduct their own analysis and diligence regarding all aspects of the property prior to offering/purchasing.

All properties are as is and you must do your own due diligence. We are a wholesaling company. We work direct with Sellers to get investors good deals on SFR real estate. However any claim we make for money is just an estimate of what we think could be made and not in any way a promise. that you will make that amount.
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sold
$99k
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