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Five-Unit Apartment Property
For Sale
$350,000

11 NEMESIO CANALES, San Juan, PR 00917

Business Opportunity, San Juan, PRI

Property SizeContact for details
Lot Size0.07 Acres
Days on Market283

Property Features for 11 NEMESIO CANALES

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 0.07 Acres
Listing Agency: Gini Perez Campo Real Estate
Listed By: Ginette Perez
Added: Dec 18, 2025 Changed: Sep 4 Last Checked: Sep 27 at 6:06PM
MLS# 11631218

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property includes two apartment buildings with five units in total on a 271 m2 lot. Each unit is leased through the Section 8 (Plan 8) program, giving the property an established occupancy profile and an income-producing use.

The property is located at 11 Nemesio Canales in San Juan, PR 00917. The Tren Urbano is approximately 10-15 minutes away on foot, while Plaza Las Americas is approximately 5-8 minutes by car. Hospitals and medical facilities are approximately 5 minutes by car, adding convenient access to transportation, retail, and healthcare destinations.

Key Highlights

  • Five apartment units distributed across two buildings
  • 271 m2 lot
  • All units leased through Section 8 (Plan 8)

Property Analytics

Current Use

Apartment buildings

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Demographics for 00917, PR

17,319
Population
11,607
Households
1.5
Avg Household Size
50
Median Age
31%
College-Educated
80%
High-School Grad
1.4 sq mi
ZIP Area
12,371
Density / Sq Mi
$19,516
Median Household Income
$22,807
Median Earnings
$558
Median Rent
$124,800
Median Home Value

Market

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building residential asset with all units leased through Section 8 (Plan 8).
Where is this apartment building located?
The property is located at 11 NEMESIO CANALES San Juan, PR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Five apartment units distributed across two buildings; 271 m2 lot; All units leased through Section 8 (Plan 8)
More about this property
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