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Three-Story Studio Apartment Property
For Sale
$475,000

KM HM 0.2 ROAD 968, Rio Grande, PR 00745

Residential Income, RIO GRANDE, PRI

Property Size2,500 SF
Lot Size0.15 Acres
Price / SF$190
Days on Market473

Property Features for KM HM 0.2 ROAD 968

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R-1
Bedrooms 5
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 6, Dining Room, Family Room, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 5, Bathroom 1
Interior features Kitchen/Family Room Combo, Living Room/Dining Room Combo, PrimaryBedroom Upstairs
Exterior features Awning(s), Balcony, Courtyard, Garden, Lighting
Subdivision RIO MAR/BO. ZARZAL
Lot features Near Golf Course, Near Public Transit, Private
View Golf Course
Directions From The Outlet at Route 66 (18400 Autop. Roberto Sanchez Vilella, Canovanas), head southwest on PR-188 for 300 meters, then take the ramp onto PR-66 (Autop. Roberto Sanchez Vilella), a toll road. Continue for 5.8 km, then take the exit to merge onto PR-3 East. Drive 6.8 km, then turn left onto PR-968. The destination will be on your right after about 190 meters at coordinates 18.3734625, -65.7673226.
Standard status Active
APN 091-098-281-09-000
Size 2,500 SF
Lot size 0.15 Acres

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Electric (Heating), Natural Gas
Water source Public

Amenities

backyard oasis
balconies

Building Details

Year built 1988
Floors in Building 3
Number of units 5
Flooring type Tile, Tile - Ceramic
Building materials Cement Siding, Concrete
Listing Agency: REAL ESTATE PROPERTIES FS LLC
Listed By: Janice Gutierrez Echevarria · License #19649
Added: May 25, 2025 Changed: Sep 6 Last Checked: Sep 9 at 9:06PM
MLS# PR9113867

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.

Investment Insights

Based on property information with market context.

This 3-story apartment property in Rio Grande contains up to five individual studio apartments within 2,500 square feet. Each unit has a private bathroom and a kitchen or kitchenette, with ceramic tile flooring throughout. Built in 1988, the structure uses concrete and cement siding and includes balconies, a courtyard, garden areas, awnings, and exterior lighting. The property sits on 0.15 acres and is served by public water, a septic tank, and cable availability.

The address is on KM HM 0.2 Road 968 in Rio Grande, Puerto Rico, near Las Picuas Beach, El Yunque Rainforest, the Rio Mar area, and the Rio Mar Resort golf course. The property offers views of El Yunque Rainforest and the golf course, with San Juan and the international airport approximately 35 minutes away and Luquillo Beach and its kiosks near two traffic lights.

Key Highlights

  • Up to five individual studio apartments in a 3‑story property
  • 2,500 square feet on a 0.15‑acre lot
  • Private bathroom and kitchen or kitchenette in each studio

Property Analytics

Current Use

Short term rental ...

Location Intelligence

Demographics for 00745, PR

47,718
Population
23,062
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
80%
High-School Grad
60.7 sq mi
ZIP Area
786
Density / Sq Mi
$26,980
Median Household Income
$19,596
Median Earnings
$580
Median Rent
$129,800
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 - Each apartment includes a private bathroom and kitchen or kitchenette for independent living arrangements.
Where is this apartment building located?
The property is located at KM HM 0.2 ROAD 968 Rio Grande, PR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Up to five individual studio apartments in a 3‑story property; 2,500 square feet on a 0.15‑acre lot; Private bathroom and kitchen or kitchenette in each studio
More about this property
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