Ocean View Guesthouse consists of 1 acre of land with 15 Units in two buildings located on the beautiful Island of Culebra, Puerto Rico, one of the Spanish Virgin Islands. The entire property has spectacular views of Ensenada Honda Bay - the main bay in Culebra or spectacular views of the Luis Pena natural preserve to the Island of Luis Pena and the Island of Vieques or views of both Ensenada Honda and Luis Pena depending on which part of the property you are on.
The main building contains 13 rental Units total, 9 rental Units currently on the short term rental market and 4 Units on the long term rental market. There is also a restaurant in the main building that is currently closed but could be re-opened in the future.
The 13 rental Units in the main building are configured as follows:
*Ground Floor - The ground floor has two rooms directly off the parking lot, rooms #8 and #9
-Room 8 occupies 4 people and has a private bath
-Room 9 is a Studio apartment
*Second Floor - The second floor of the main building consists of rooms 1 to 7.
-Room 1 is double occupany with private bath
-Room 2 is triple occupancy with private bath
-Room 3 is triple occupancy with private bath
-Rooms 4 and 5 are both double occupancy with a shared kitchen, shared bath, and shared living area. These rooms can be rented together to two couples or a small family or one room could be locked out for single or double occupancy
-Room 6 is double occupany with private bath
-Room 7 is a Studio apartment
*Third Floor - The third floor of the main building consists of rooms 10, 11, 12 and 13. These four rooms are double occupancy all with private baths and have historically been rented on the long term market but could be converted to the short term market if desired.
The second/middle building on the property is a 2 bedroom 2 bath house with a pool. This building can be locked out into two apartments, a 1 bedroom 1 bath apartment and a Studio apartment.
The entire property is completely accessible via a current driveway that runs along the Southern side of the property. The property currently has 7 identified parking spaces. However, on the 1 acre of the property there is plenty of accessible space for additional vehicle parking. The property also has a gentle slope making future expansion, if desired, feasible. A fabulous opportunity for those looking for a turn key rental property with spectacular views and the capability to expand.
Overview: 15 Units on a 1 acre property
Lot Size: 1 Acre
Total Indoor Square Footage: Approximately 3000 square feet
Number of Bedrooms: 15
Number of Bathrooms: 14
Property Latitude, Longitude: 18.30670,-65.30667
Property pin: Ocean View Guest House pin, click here
HVAC: Split Air Conditioning Units
Electric Service: Puerto Rico Power Authority with multiple internal meters
Water Service: Puerto Rico Water Authority with back up Water Cistern
Sewage Service: Puerto Rico Water Authority Sewer System
Laundry Facilities: Laundry Room
Home Owners Association Fees: $0, this property is not in a HomeOwner's Association
Asking Price: $1,350,000
Michael McCarty Puerto Rico Real Estate Broker License C-11386