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Portales de Altamesa, San Juan

Portales de Altamesa, San Juan

Portales de Altamesa, S.E.

BBV  Banco

INFORMATION AS OF 04/10/2003

UNDER CONSTRUCTION AND PROPOSED MULTIFAMILY SUBDIVISION COMPOSED OF 108 INDIVIDUAL CONDOMINIUM UNITS. THE COMPLEX IS LOCATED IN LOT A, SAN ALFONSO ST., ALTAMESA DEVELOPMENT, APPROXIMATELY, LESS THAN HALF A MILE EAST FROM MAIN ROUTE SR# 20. THERE ARE NO APPARENT ADVERSE FACTORS WHICH COULD AFFECT THE SUBJECT'S MARKETABILITY. STABLE PROPERTY VALUES DEMONSTRATE AN AVERAGE MARKET DEMAND FOR THIS AREA. EMPLOYMENT IS MIXED. THE IMPROVEMENTS CONFORM WELL TO THE SURRONDING DEVELOPMENTS. SUBJECT HAS ACCESS TO ALL NECESSARY SUPPORTING FACILITIES. OWNER OCCUPANCY IS PREDOMINANT.

TYPICAL APARTMENT UNITS ARE LOCATED IN SECOND FLOORS. GROUND LEVEL UNITS HAVE PATIOS AND AN ADDITIONAL GALVANIZED ROOF TERRACE AT REAR. PENTHOUSES HAVE BIGGER LIVABLE AREA AND HAVE AN ADDITIONAL ENCLOSED TERRACE AND OPEN TERRACE AT SECOND LEVEL.

COMMON ELEMENTS AND RECREATIONAL FACILITIES: GAZEBO,PLAYGROUNDS, LANDSCAPING, 1/2 BASKETBALL COURT, AND CONTROLLED ACCESS WITH GUARD 24 HOURS.

OMAR MONTALVO, CRA, MBA

 


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mbapr

Omar Montalvo, CRA, MBA

MBA Correspondent Member

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