The subject property is located at 1802 Fernández Juncos Avenue, Santurce Ward, San Juan, Puerto Rico. It consists of a parcel of land of 0.076 cuerda of which just 297.47 square meters used for a Hostel. No parking facilities available. Made in concrete with two levels; first level has 1,570 square feet and second level included 1,432 square feet (made in concrete). Included 43 twin beds and 6 full beds with maximum capacity of 55 persons. Additional included 644 square feet used for baths, kitchen, terrace area, laundry and dining area.
The construction type used for the improvements are concrete and cement blocks walls and cement roof. It is known as a class “B” building.
The building will be a typical mid-rise residential apartment structure. It is a rectangular shape reinforced concrete and concrete blocks building at street grade covering all the site.
As indicated earlier in the report the building has a total gross building area of 3,646 square feet.
Age and Condition:
The property will have an effective age of 10 year with a remaining economic life of about 50 years. The condition of the improvements will be better than average when compared to other buildings in the vicinity.
The subject property has an average facade which is compatible to others found in the neighborhood. The buildings described as comparable all have similar facades.