About Lot 31 - 8 St Arizona, Towncore
A unique investment opportunity in Arroyo: corner multifamily building for sale with two levels, featuring seven apartments—three currently rented and four under construction. Located in a strategic and fast-developing area, this property is perfect for investors seeking immediate rental income and strong appreciation potential. The building includes seven units, distributed as follows: three apartments with two bedrooms and one bathroom, and four apartments with one bedroom and one bathroom. The three rented units are generating income from day one. The remaining four are under construction, with advanced structural work in place and ready to be completed to the new owner’s preferences. Positioned on a corner lot, the property offers enhanced visibility and accessibility. It is located near the Malecón, Las Palmas Beach, a new tourist hotel under development, as well as shops, services, and with quick access to the main roads in the area. This investment offers a rare combination of immediate cash flow and the potential to significantly boost income once the remaining units are completed. Ideal for developers, investors, or buyers looking to expand their portfolio in a high-growth market. For more information or to schedule a visit, contact us today. Don’t miss this excellent opportunity in the heart of Arroyo.
