Remodeled Historic Hotel
For Sale
$3,000,000
SR-123 Magueyes La Gran Hacienda Hotel @ Ponce, Ponce, PR 00728
Residential, Ponce, PRI
Property Size12,500 SF
Lot Size0.18 Acres
Price / SF$240
Days on Market65
Property Features for SR-123 Magueyes La Gran Hacienda Hotel @ Ponce
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
10
Full bathrooms
10
Rooms
Bedroom 10, Bathroom 8, Bathroom 10, Bathroom 3, Bedroom 6, Bedroom 4, Bedroom 7, Bathroom 9, Bedroom 3, Bathroom 6, Bathroom 4, Bedroom 2, Bathroom 7, Bedroom 1, Bedroom 9, Bathroom 2, Bathroom 1, Bathroom 5, Bedroom 8, Bedroom 5
Standard status
Active
APN
36407700511001
Size
12,500 SF
Lot size
0.18 Acres
Building Details
Floors in Building
3
Listing Agency:
Christiansen Commercial
(787) 778-7000
Listed By:
Eugenio R Lopez Matos
(787) 529-8919
Added: Sep 1
Changed: Oct 31
Last Checked: Nov 4 at 7:06PM
MLS# PRC34E00
Copyright © 2026 Amplia MLS. 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.
La Gran Hacienda is a remodeled historic property with a gross building area of over 12,500 square feet. The existing configuration includes 10 finished units, each with a private bathroom, distributed across the ground, first, and second floors, plus a separate honeymoon villa. Five additional units are in shell condition and may be completed as part of a hotel conversion. Custom furniture, construction equipment, materials, and extensive landscaping are included in the sale.
The property is located in the Magueyes Ward of Ponce and has frontage and access via PR-123. Plaza de Ponce is approximately 7.7 km away, reached in an estimated fifteen-minute drive via PR-123 and Calle Victoria. Zoning is designated Commercial Touristic EH-1 and CT, with the site described for hospitality, event, wellness, care, restaurant, and residential applications. The property also carries a Puerto Rico Tourism Company Act 60 preliminary decree covering the 10 existing finished units as a guesthouse.
The property is located in the Magueyes Ward of Ponce and has frontage and access via PR-123. Plaza de Ponce is approximately 7.7 km away, reached in an estimated fifteen-minute drive via PR-123 and Calle Victoria. Zoning is designated Commercial Touristic EH-1 and CT, with the site described for hospitality, event, wellness, care, restaurant, and residential applications. The property also carries a Puerto Rico Tourism Company Act 60 preliminary decree covering the 10 existing finished units as a guesthouse.
Key Highlights
- 10 finished units with 10 bedrooms and 10 bathrooms
- Over 12,500 square feet of gross building area
- Five additional units in shell condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,693
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,993,860
$2.0M
Cap Rate 7%
$1,424,186
$1.4M
Cap Rate 9%
$1,107,700
$1.1M
Market Conditions
NOI Build-Up for 12,500 SF
Gross rent
$247.5K $19.80/SF
− Vacancy
−$37.6K −$3.01/SF
EGI
$209.9K $16.79/SF
− OpEx
−$110.2K −$8.81/SF
NOI
$99.7K $7.98/SF
Area
Ponce, PR
Vacancy
15.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,993,860
Cap Rate 7%
$1,424,186
Cap Rate 9%
$1,107,700
Alternative Uses
Best Use
Hotel Hospitality
$1.42M
$1.25M – $1.66M
NOI $99,693 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M
NOI $142,332 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Demographics for 00728, PR
36,675
Population
15,813
Households
2.3
Avg Household Size
44
Median Age
28%
College-Educated
81%
High-School Grad
15.4 sq mi
ZIP Area
2,381
Density / Sq Mi
$20,351
Median Household Income
$19,570
Median Earnings
$517
Median Rent
$108,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Hotel - Ten finished guest rooms, commercial tourism zoning, and a preliminary Act 60 decree support hospitality operations.
Where is this hotel located?
The property is located at SR-123 Magueyes La Gran Hacienda Hotel @ Ponce Ponce, PR.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 10 finished units with 10 bedrooms and 10 bathrooms; Over 12,500 square feet of gross building area; Five additional units in shell condition
