16-Suite Boutique
For Sale
$4,500,000
San Juan, PR 00901, San Juan, PR 00901
Hotel/Apart Hotel, San Juan, PR
Property Size16,436 SF
Lot Size0.01 Acres
Price / SF$273.79
Days on Market107
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CT-3
Security features
Security
Interior features
Security Camera, Elevator, Water reserve tank, Total electric plant, BBQ, Bar
Exterior features
Marina Nearby, View-city, View-Bay
Accessibility
Accessible Elevator Installed
Subdivision
Puerta De Tierra (Sector)
Standard status
Active
Lot size
0.01 Acres
Utilities
Cooling system
Central Air
Water front
1
Amenities
elevator
generator
solar panels
rooftop terrace
private terraces
full kitchens
lobby
Building Details
Year built
2022
Roof type
Concrete
Listing Agency:
Ilia Martinez & Associates LLC
(787) 990-9500
Listed By:
Ilia Martinez
(787) 640-2546
Added: Jul 22
Changed: Oct 8
Last Checked: Nov 5 at 1:06AM
MLS# 65253
Copyright © 2026 Xposure. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This operating hotel occupies a four-story building with approximately 16,436 square feet and 16 guest suites. Each suite has a full kitchen, dining room, living area, and private terrace. The furnished and equipped property also includes a lobby and front desk, elevator, central air conditioning, security cameras, a water reserve tank, and a total electric plant. A restaurant and bar are part of the existing operation, and the rooftop terrace overlooks the bay and Old San Juan.
The property is in San Juan’s Puerta de Tierra neighborhood, minutes from Old San Juan. Its CT-3 zoning, 2022 construction date, and solar panels are additional documented features.
The property is in San Juan’s Puerta de Tierra neighborhood, minutes from Old San Juan. Its CT-3 zoning, 2022 construction date, and solar panels are additional documented features.
Key Highlights
- 16 guest suites, each with a full kitchen, dining room, living area, and private terrace
- Approximately 16,436 square feet across four stories
- Furnished and equipped; hotel and restaurant operations are in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$220,111
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,402,220
$4.4M
Cap Rate 7%
$3,144,443
$3.1M
Cap Rate 9%
$2,445,678
$2.4M
Market Conditions
NOI Build-Up for 16,436 SF
Gross rent
$315.6K $19.20/SF
− Vacancy
−$22.1K −$1.34/SF
EGI
$293.5K $17.86/SF
− OpEx
−$73.4K −$4.46/SF
NOI
$220.1K $13.39/SF
Area
ZIP 00901
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,402,220
Cap Rate 7%
$3,144,443
Cap Rate 9%
$2,445,678
Alternative Uses
Best Use
Specialty Retail
$3.14M
$2.75M – $3.67M
NOI $220,111 @ 7.0% cap · market cap 4.89%
Second Best
Hotel Hospitality
$2.12M
$1.85M – $2.47M
NOI $148,397 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$4.07M
$3.56M – $4.75M
NOI $284,961 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Demographics for 00901, PR
6,218
Population
4,325
Households
1.4
Avg Household Size
47
Median Age
49%
College-Educated
88%
High-School Grad
1.0 sq mi
ZIP Area
6,218
Density / Sq Mi
$25,810
Median Household Income
$27,676
Median Earnings
$646
Median Rent
$386,900
Median Home Value
Market
Vacancy Rate% for Retail in the U.S.
Frequently Asked Questions
What type of property is this?
Hotel - Four-story lodging property includes furnished guest suites with kitchens, private terraces, and elevator access.
Where is this hotel located?
The property is located at San Juan, PR.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 16 guest suites, each with a full kitchen, dining room, living area, and private terrace; Approximately 16,436 square feet across four stories; Furnished and equipped; hotel and restaurant operations are in place
