Cabo Rojo Multifamily
For Sale
$1,800,000
Km 5.8 CARR 311, Villa del Carmen, PR 00623
12-unit apartment building in Cabo Rojo, fully rented.
Property SizeContact for details
Lot Size0.25 Acres
Days on Market395
Property Features for Km 5.8 CARR 311
General Information
Standard status
Active
Lot size
0.25 Acres
Property subtype
Commercial
Amenities
Central air
Pool
Public Pool
Concrete Roof
Mini-Split Unit(s) Cooling
Parking Spaces - 6 to 12
Building Details
Year Built
2000
Listing Agency:
FOX REALTY
(941) 893-7850
Listed By:
JESSICA FOX · License #22755
Source:
Corcoran
Added: Aug 5, 2025
Changed: Aug 15
Last Checked: Sep 2 at 7:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FOX REALTY
Investment Insights
Based on property information with market context.
This commercial property in Cabo Rojo features 12 fully rented apartments. Each apartment includes 2 bedrooms, 1 bathroom, a kitchen, and a living room. Each unit also has a private parking space. The building provides laundry facilities. The property is centrally located in Cabo Rojo, less than 10 minutes from Joyuda. The location is suitable for long-term rentals, student housing, or short-term stays. Each unit has its own water and electric meter. The units can be converted into individual condos by applying for separate property tax numbers. All units are currently rented, generating income. The property is located at Km 5.8 CARR 311, CABO ROJO, PR 00623.
Key Highlights
- 12 fully rented apartments generating steady income.
- Potential for condo conversion with separate water and electric meters for each unit.
- Centrally located in Cabo Rojo, near Joyuda.
Property Analytics
Current Use
Location Intelligence
Demographics for 00623, PR
39,320
Population
20,508
Households
1.9
Avg Household Size
47
Median Age
30%
College-Educated
78%
High-School Grad
39.2 sq mi
ZIP Area
1,003
Density / Sq Mi
$25,614
Median Household Income
$17,975
Median Earnings
$576
Median Rent
$118,200
Median Home Value
Market
Vacancy Rate% for Multifamily in the U.S.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 12-unit apartment building in Cabo Rojo, fully rented.
Where is this apartment building located?
The property is located at Km 5.8 CARR 311 Villa del Carmen, PR.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 12 fully rented apartments generating steady income.; Potential for condo conversion with separate water and electric meters for each unit.; Centrally located in Cabo Rojo, near Joyuda.
