309 SEGUNDO RUIZ BELVIS, San Juan 00915
Multi-Family 5+ - SANTURCE, PR
- Added:
- Mar 26, 2026
- Days on Market:
- 79
- Last Refresh:
- Jun 12 at 5:06 pm
Property Features for 309 SEGUNDO RUIZ BELVIS
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 041-072-335-33-901
- Size
- 2 SF
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1965
- Number of units
- 8
- Building materials
- Block, Concrete
- Roof type
- Concrete
- Architectural style
- Other
Listing agent Evaristo Gonzalez Aponte License #15417 (787) 314-1115
Listing office RE/MAX METRO #64 Ave Condado, Edif. Plaza del Condado, Guaynabo (787) 314-1115
Listing date Mar 26, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑demand rental market location offers strong investment potential.
- Turnkey, income‑ready property due to recent renovations.
- Eight residential units provide immediate cash flow.
- Flexibility to maximize returns through short‑term or long‑term rentals.
- Separate electric and water meters for each unit.
- Eight units consisting of six 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath configurations.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.5k | $17.00 |
| − Vacancy | −$4.5k | −$0.82 |
| EGI | $89.0k | $16.18 |
| − OpEx | −$40.1k | −$7.28 |
| NOI | $49.0k | $8.90 |
Alternative Uses
Current Use by Public Records
Map
- City
- San Juan
- County
- San Juan
- State
- Longitude
- -66.05182028
- Latitude
- 18.44455849