Puerto Rico Real Estate Auction
Sold at Auction Thursday, May 11, 2:00 P.M.

 
There has never been a better time to buy real estate in Puerto Rico! John Dixon & Associates will be offering 30 properties across the island. Homes, condos, multi-family units, commercial and industrial buildings, retail buildings and land are all being offered for sale at public auction by two US based Private Equity Funds.
 

 
 
THURSDAY, MAY 11, 2:00 P.M.
SELLING 30 PROPERTIES
SALE SITE: THE CONDADO PLAZA HILTON
999 ASHFORD AVENUE
SAN JUAN, PUERTO RICO 00907
 
 
  

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PROPERTY 6101 (3360204)

25 Marginal Street, Villamar Dev., Carolina, PR 00979

PHOTOGRAPH

Property Type:

Commercial Building

170511_6101
 

 

Cadastre Number:

041-076-036-07-802

Latitude:

18.44345

Longitude:

-66.02887

Building Area Square Feet:

3,411

Land Area SM:

434 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6102 (1629)

Baldorioty de Castro Corner Georgetti Street, Manati, PR 00674

PHOTOGRAPH

Property Type:

3 Level Commercial Building with 19 Parking Stalls

170511_6102
 

 

Cadastre Number:

056-021-015-10-001;

056-021-039-08-001

Latitude:

18.42736

Longitude:

-66.49381

Building Area Square Feet:

25,275 SF

Land Area SM:

332.95 SM & 150 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6103 (3360040)

SR-668 E-34, Atenas Development, Manati, PR 00674

PHOTOGRAPH

Property Type:

Commercial Building

170511_6103
 

 

Cadastre Number:

056-003-236-32-001

Latitude:

18.43481

Longitude:

-66.48107

Building Area Square Feet:

3,313

Land Area SM:

373.4 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6104 A (1726)

Muñoz Rivera Avenue, Hato Rey Ward, Unit-102 Midtown Condominium, 1st Floor, San Juan, PR 00918

PHOTOGRAPH

Property Type:

Commercial Condominium

170511_6104 A
 

 

Cadastre Number:

063-051-167-02-011

Latitude:

18.41906

Longitude:

-66.05656

Building Area Square Feet:

2,612.91 SF

Land Area SM:

n/a

Comments:

  

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PROPERTY 6104 B (1727)

Muñoz Rivera Avenue, Hato Rey Ward, Unit-101 Midtown Condominium, 1st Floor, San Juan, PR 00918

PHOTOGRAPH

Property Type:

Commercial Condominium

170511_6104 B
 

 

Cadastre Number:

063-051-167-02-010

Latitude:

18.41906

Longitude:

-66.05656

Building Area Square Feet:

2,256.88 SF

Land Area SM:

n/a

Comments:

  

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PROPERTY 6105 (3360027)

804 Ponce De Leon Avenue, 2nd. Floor Trans Caribbean Airways Condo., San Juan, PR 00907

PHOTOGRAPH

Property Type:

Office Condominium

170511_6105
 

 

Cadastre Number:

040-037-013-03-002

Latitude:

18.45516

Longitude:

-66.08246

Building Area Square Feet:

5,545

Land Area SM:

n/a

Comments:

6 pkg stalls, entire second level

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PROPERTY 6106 (1552)

261 Mendez Vigo Street, Dorado, PR 00646

PHOTOGRAPH

Property Type:

3 Level Commercial Building

170511_6106
 

 

CONTRACT PENDING

Cadastre Number:

037-029-015-11-001

Latitude:

18.45885

Longitude:

-66.26150

Building Area Square Feet:

2,815 SF

Land Area SM:

177.33 SM

Comments:

Zoned CT-L (Tourist Commercial Lightweight)

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PROPERTY INFORMATION
 
 
 

PROPERTY 6107 (3360070)

516 Ext. Sur Street, San Antonio, Dorado, PR 00646

PHOTOGRAPH

Property Type:

Commercial Building

170511_6107
 

 

Cadastre Number:

037-017-154-08-001

Latitude:

18.46112

Longitude:

-66.26940

Building Area Square Feet:

5,318

Land Area SM:

323.03 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6108 (3360094)

8 Comerio Avenue Coretown, Bayamon, PR 00961

PHOTOGRAPH

Property Type:

Commercial

170511_6108
 

 

Cadastre Number:

085-015-019-13-001

Latitude:

18.39927

Longitude:

-66.15830

Building Area Square Feet:

3,380

Land Area SM:

265 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6109 (1197)

SR-345 KM. 164.8, Lavadero Ward, Hormigueros, PR 00660

PHOTOGRAPH

Property Type:

Vacant Land

170511_6109
 

 

Cadastre Number:

284-073-314-03-000

Latitude:

18.13144

Longitude:

-67.11145

Building Area Square Feet:

n/a

Land Area SM:

14,179.73 SM (3.6078 CDS)

Comments:

  

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PROPERTY INFORMATION
 
 
 
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PROPERTY 6110 (3360304)

460 Hostos Avenue,

El Vedado Dev.,

San Juan, PR 00918

PHOTOGRAPH

Property Type:

Single Family Residence

170511_6110
 

 

 

 

Cadastre Number:

062-060-917-07-001

Latitude:

18.41755

Longitude:

-66.06241

Building Area Square Feet:

2,674

Land Area SM:

313.17 SM

Comments:

 

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PROPERTY INFORMATION

 

 

 

PROPERTY 6111 (1820)

1897 Narciso Street & Sauco Street, Reparto Santa Maria Development, Monacillos Ward, San Juan, PR 00927

PHOTOGRAPH

Property Type:

Multi-Family Residential (4 Units)

170511_6111
 

 

 

 

Cadastre Number:

086-087-039-01-001

Latitude:

18.37623

Longitude:

-66.08673

Building Area Square Feet:

6,953 SM

Land Area SM:

1,510.52 SM

Comments:

 

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PROPERTY INFORMATION

 

 

 

PROPERTY 6112 (3360219.1)

Carr 184, KM 29.2, Bo Guavate., Cayey, PR 00736

PHOTOGRAPH

Property Type:

Commercial Building

170511_6112
 

 

 

 

Cadastre Number:

300-000-009-54-001

Latitude:

18.13453

Longitude:

-66.07908

Building Area Square Feet:

7,913

Land Area SM:

864.35 SM

 

Comments:

 

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PROPERTY INFORMATION

 

 

 

PROPERTY 6113 (3360219.2)

Carr 184, KM 30.0 Int., Bo Guavate, Cayey, PR 00736

PHOTOGRAPH

Property Type:

Single Family Residence

170511_6113
 

 

 

 

Cadastre Number:

300-057-630-06-000;

300-057-630-01-000

Latitude:

18.13810

Longitude:

-66.08357

Building Area Square Feet:

1,342

Land Area SM:

1,623.68 SM

Comments:

 

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PROPERTY 6114 (1737)

SR-125 KM.6.1, Pueblo Ward, Moca, PR 00676

PHOTOGRAPH

Property Type:

Two-Story Residential/Commercial Property & Two One-Story Open Aluminum Workshops

170511_6114
 

 

 

 

Cadastre Number:

070-054-032-34-000;

070-044-032-18-001

Latitude:

18.38886

Longitude:

-67.10238

Building Area Square Feet:

1,437 SF, 2,898 SF, 754 SF

Land Area SM:

4.474 CDS

Comments:

 

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PROPERTY INFORMATION

 

 

 

PROPERTY 6115 (3360257)

1629 Ponce De León Avenue, San Juan, PR 00926

PHOTOGRAPH

Property Type:

Multi-Unit Office Building

170511_6115
 

 

Cadastre Number:

086-089-137-24-000

Latitude:

18.37879

Longitude:

-66.06950

Building Area Square Feet:

5,441

Land Area SM:

1,197.30 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6116 (1391)

53 Luis Muñoz Marin Avenue, Unit# 503-504 - Hima Plaza One Condo - Turabo Ward

Caguas, PR 00725

PHOTOGRAPH

Property Type:

Medical Office Condominium

170511_6116
 

 

Cadastre Number:

225-000-008-28-039

Latitude:

18.21723

Longitude:

-66.03043

Building Area Square Feet:

2,996.23 SF

Land Area SM:

n/a

Comments:

Zoned UC-2

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PROPERTY INFORMATION
 
 
 

PROPERTY 6117 (3360085)

207 San Agustin Street, Puerta De Tierra Dev.,
San Juan, PR 00901

PHOTOGRAPH

Property Type:

Mixed Use Building

170511_6117 

Cadastre Number:

040-004-127-09-901

Latitude:

18.46507

Longitude:

-66.10047

Building Area Square Feet:

6,160

Land Area SM:

322 SM

Comments:

2 story bldg, 1st floor divided into 2 commercial spaces, second floor divided into 8 residential apartments, 1 commercial unit is occupied - rent $600 per month

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PROPERTY INFORMATION
 
 
 

PROPERTY 6118 (1840)

3 Jose T. Piñero Street, Unit 302 Aguadilla Medical Building, 3rd Floor, Aguadilla, PR 00603

PHOTOGRAPH

Property Type:

Commercial Condominium

170511_6118
 

 

Cadastre Number:

045-026-087-07-710

Latitude:

18.42924

Longitude:

-67.15439

Building Area Square Feet:

1,122.19 SF

Land Area SM:

n/a

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6119 (1871)

Unit-103 Manati Medical Plaza, Coto Norte Ward, Manati, PR 00674

PHOTOGRAPH

Property Type:

Commercial Condominium

170511_6119
 

 

Cadastre Number:

056-014-113-11-004

Latitude:

18.43170

Longitude:

-66.47854

Building Area Square Feet:

850 SF

Land Area SM:

n/a

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6120 (3360038)

506 Andalucia Avenue, Puerto Nuevo, San Juan, PR 00920

PHOTOGRAPH

Property Type:

Commercial Building

170511_6120
 

Cadastre Number:

062-078-088-06-001

Latitude:

18.41187

Longitude:

-66.07804

Building Area Square Feet:

2,351

Land Area SM:

252 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6121 (1523/1520)

SR-111 KM. 6.3, Cuchillas Ward, Moca, PR 00676

PHOTOGRAPH

Property Type:

Convention Center

170511_6121
 

Cadastre Number:

070-055-311-06-000;

070-055-311-07-000

Latitude:

18.38730

Longitude:

-67.09660

Building Area Square Feet:

23,279 SF

Land Area SM:

8,706.75 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6122 (3360089.1)

6000 Isla Verde Avenue, Apt C-202A, Carolina, PR 00979

PHOTOGRAPH

Property Type:

Condo Unit

170511_6122
 

Cadastre Number:

041-077-016-05-011

Latitude:

18.44260

Longitude:

-66.02352

Building Area Square Feet:

1,111

Land Area SM:

N/A

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6123 (627)

6 Barrio Alegre Community, Rosa Cotto Sector, Manati, PR 00674

PHOTOGRAPH

Property Type:

Commercial Building

170511_6123
 

Cadastre Number:

056-006-007-04-001

Latitude:

18.43432

Longitude:

-66.46626

Building Area Square Feet:

2,262 SF

Land Area SM:

144.05 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6124 (3360155)

SR 140 KM 69.7, Abra Ward, Barceloneta, PR 00617

PHOTOGRAPH

Property Type:

Commercial Building

170511_6124
 

Cadastre Number:

130 033-064-051-01-001;

02-001; 04-001; 05-001; 06-001;

07-001; 08-001; 12-001; 11-001;

10-001; 09-001

Latitude:

18.44782

Longitude:

-66.53832

Building Area Square Feet:

22,213

Land Area SM:

2,959.27 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6125 (1867)

131 Autral Street, Los Angeles Development, Carolina, PR 00979

PHOTOGRAPH

Property Type:

Multi-Family Residential (5 Units)

170511_6125
 

Cadastre Number:

063-019-135-15-001

Latitude:

18.43025

Longitude:

-66.01132

Building Area Square Feet:

5,987 SF

Land Area SM:

367.20 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6126 (3360123)

1675 Ponce De Leon Avenue, First Floor, San Juan, PR 00909

PHOTOGRAPH

Property Type:

Retail Store Front

170511_6126
 

 

Cadastre Number:

040-080-741-11-003

Latitude:

18.44300

Longitude:

-66.06412

Building Area Square Feet:

1,596

Land Area SM:

n/a

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6127 (1785)

U-36 14 Street, Flamboyan Gardens Development, Juan Sanchez Ward, Bayamon, PR 00959

PHOTOGRAPH

Property Type:

Two-Story 9 Units Multi-Family Residential Building

170511_6127
 

 

Cadastre Number:

085-045-157-07-001

Latitude:

18.39073

Longitude:

-66.15773

Building Area Square Feet:

4,589 SF

Land Area SM:

305.56 SM

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6129 (3360203)

SR 443 Km 9.3 San Patricio Ward, San Patricio Ward, Jayuya, PR 00664

PHOTOGRAPH

Property Type:

Commercial Building

170511_6129
 

 

Cadastre Number:

Part of 268-000-006-68-000

Latitude:

18.15133

Longitude:

-66.63416

Building Area Square Feet:

8,355

Land Area SM:

5 CDS

Comments:

  

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PROPERTY INFORMATION
 
 
 

PROPERTY 6130 (1910)

SR-119 KM 5.5 (Interior), Puente Ward, Camuy, PR 00627

PHOTOGRAPH

Property Type:

Single Family Residence

170511_6130
 

 

CONTRACT PENDING

Cadastre Number:

010-044-023-87-001

Latitude:

18.48460

Longitude:

-66.85440

Building Area Square Feet:

2,516 SF

Land Area SM:

813.0491 SM

Comments:

  

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PROPERTY 6131 (1608)

H-28 6 Street and Dr. Diego Alvarez Chanca Avenue, Lagos De Plata Dev., Sabana Seca Ward, Toa Baja, PR 00949

PHOTOGRAPH

Property Type:

Mixed Use Building (2 Retail Units and 4 Residential Units

170511_6131
 

 

Cadastre Number:

038-060-377-28-001

Latitude:

18.44896

Longitude:

-66.18841

Building Area Square Feet:

8,675.82 SF

Land Area SM:

806.01 SM

Comments:

1 Commercial Unit - 1 Commercial Unit - Occupied; 4 Residential Units - Occupied; Generating $3,067 per month

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PROPERTY INFORMATION
 
 
 
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AUCTION TERMS & CONDITIONS
 
 

AUCTION DATE & LOCATION:  Thursday, May 11 at 2:00 p.m. at The Condado Plaza Hilton, 999 Ashford Avenue, San Juan, Puerto Rico 00907. Live auction registration begins Thursday, May 11 at 1:00 p.m. Online auction registration begins one week prior to auction.

INSPECTION: Contact Andrea Suárez, Christiansen Commercial (787.778.7000) to view property. Please note some of these properties are occupied and inside inspections may not be possible.

TERMS FOR LIVE BIDDING: Properties selling for a total purchase price (calculated by adding the high bid amount plus the buyer’s premium) of $100,000 or less will pay the greater of $2,500 or 20% down of the purchase price with one exception: If the high bid is less than $2,500, the entire purchase price will be due at the auction. Properties selling for a total purchase price of $100,001 to $200,000 will pay 15% down of the purchase price at the auction. Properties selling for $200,001 or greater will pay 10% down of the purchase price at the auction. Balance will be paid in full at closing on or before Friday, June 9, 2017. Down payment can be in the form of certified or manager’s check or wire transfer. A copy of the sale contract may be reviewed prior to the auction by contacting the auctioneer.

TERMS FOR ONLINE BIDDING: The online registration will need to be completed, including credit card information which will be verified and approved, and the credit card will be charged $1.00 for this process. If you are the successful bidder and do not deliver the earnest money as outlined in the terms for live bidding which must be certified or manager’s check or wire transfer within 24 hours upon receipt of contract, a charge of $5,000 will be placed on the account. The card is for verification purposes to ensure we have serious bidders. Balance will be paid in full at closing on or before Friday, June 9, 2017. The successful online bidder will be notified immediately following the closing of the auction and issued the purchase contract. The executed contract shall be submitted per the instructions received with the contract. If you have any questions, please call our office at 800.479.1763.

BUYER'S PREMIUM: A 10% buyer's premium will be added to the high bid. Example: For each $10,000, a 10% buyer's premium of $1,000 will be added to arrive at the total purchase price of $11,000.

AUCTIONEER’S AUTHORITY: The auctioneer shall make the sole and final decision as to the winning high bid amount. Acceptance by the online bidding platform does not necessarily constitute an accepted bid by the auctioneer.

AGENCY: John Dixon & Associates, auctioneer/broker and Christiansen Commercial, broker are acting exclusively as agent for the seller.

CLOSING ATTORNEYS: Contact auctioneer for closing attorney details. Any and all closing costs shall be paid by purchaser, including but not limited to title examination, tax searches, stamps, filing and recording vouchers and notarial fees for the original and certified copy of the Deed of Purchase and Sale. Purchaser will be required to purchase title insurance. Taxes and homeowner/property owner association dues/fees will be prorated as of the date of closing. For questions regarding closings or contracts, contact Danielle Foreman, Closing Coordinator at 770.425.1141 or closing@johndixon.com

BROKER PARTICIPATION: A 2% commission of the high bid, before adding buyer’s premium, will be paid to any qualified licensed real estate broker in Puerto Rico whose prospect is the successful bidder at the auction and closes on the property. To qualify for a commission, the broker must first register the prospect by email or fax the prospect’s name and address on John Dixon & Associates’ broker registration form. The registration must include the signature of the prospective purchaser, the signature of the broker and the broker’s real estate license number. The registration must be received at 200 Cobb Parkway North, Suite 120, Marietta, GA 30062-3585, Attention: Danielle Foreman at closing@johndixon.com, no later than 4:00 p.m. eastern time on the business day preceding the auction. Broker registration may be faxed to 770.425.4413 UNDER NO CIRCUMSTANCES WILL BROKER REGISTRATION BE ALLOWED ON THE DAY OF THE AUCTION. In addition, to qualify for a commission, the broker must attend the auction with the prospect.  Commissions will be paid only if property closes. A commission on a property will be paid only to the first broker registering a prospect.

SPECIAL NOTE: Property is selling "as-is, where-is" with all faults and is selling subject to easements, leases, restrictions, covenants, conditions, zoning HOA and POA fees and all other matters which would be revealed by a current survey or an inspection of the property or which is contained in public records. Seller reserves the right to add or delete property, reject any bid unless selling absolute and/or cancel the sale. All properties will be conveyed by Deed of Purchase and Sale. Information contained herein was obtained from sources deemed reliable. The seller and their agents reserve the right to place bids on the property up to the seller’s reserve unless selling absolute at their sole discretion. The property will sell "as-is, where-is" with no warranty, expressed or implied, as to improvements, soil condition, environmental and wetlands, or zoning. No personal property conveyed with real estate unless denoted in contract. Neither the seller, John Dixon & Associates, Christiansen Commercial nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to the accuracy thereof before submitting their bid. Purchaser or purchaser’s representative will acknowledge by signature of the Contract of Sale they have inspected the property. The terms of the Contract of Sale are controlling in the event of any perceived inconsistency between its terms and any statements in this brochure or other advertisement. Announcements made at the auction will take precedence over written matters.
 
 
 
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