56 Condado Sector, San Juan, PR 00907

Paseo Hawayek was originally a two-story dwelling that through the years was converted to the present multi-unit design. The building is built on a level and corner lot of 574.58 square meters, improved with a four-story, ten-unit residential structure of reinforced concrete and an additional two-story structure annex at rear for a total gross building area of 11,339 square feet and a gross rentable area of 10,041 square feet. It is fully occupied and with a building-to-land ratio of 183%, it provides parking facilities for 7-vehicles or a parking index of 0.70 per each 1,000 SF, which includes a double carport and garage at rear. The entire structure was observed in average-good physical condition. The site has a residential zoning (R), which allows residential uses and lies outside floodable area (Zone X). All utilities are connected and working properly. There is an elevator at rear currently out of service, which service only the PH (6) unit.