New Reef

The New Reef parcel, located in the Torrecilla Baja neighborhood of Loiza, encompasses a total of 16 residential units. This multi-family property has been developed with a focus on providing housing solutions in a growing urban area. The average condition of the buildings is well-maintained, exhibiting only standard wear and tear, indicative of regular upkeep and management. The property has seen various transactions, with notable sales occurring in 2021 at a price of $60,000 for multiple units, reflecting stable market interest. The area has experienced gradual development, supported by rece…Learn more