Full Service Hotel, featuring 10 rooms/suites (large standard rooms and oversized suites w living rooms, full dining table and most rooms have kitchenettes). One cabana separate from main building.
The main building is over 6,400 sq. feet and continues a spacious lobby, full bar, eating area and full commercial kitchen. Additionally guests can enjoy a covered patio for coffee or drinks, First floor suit has private covered patio area. Upstairs room have either a view of the Caribbean Sea or the swimming pool with waterfall).
Luxurious pool surrounded by foliage and featuring a “waterfall wall”
Asking Price – $1,800,000
Can Flow – $200,000
Limited full service hotels in the area. This property is waterfront, has a nice pool, full restaurant & bar. Tons of expansion potential as the building only sits on approx. 1/4 of the entire acreage. Additional land could be developed or sold for a potentially quick profit/RIO without any minimization of hotel operations.
Expansion Potential (or additional revenue opportunity):
The acreage has the potential to build a second building that is the same size as the original Main building (which is approx. 6,400 sq ft inside and another 800 of covered patio outside). The current building sits on approx. 30% of the entire property included in the purchase price.
There is currently a manger’s apartment on the property. This could be retained or converted to use as an additional suite for nightly rentals (or two single room accommodations).
Training and Transiiton:
Owner will train for up to two weeks and be available for additional ongoing questions. Owner lives close to the property and does not plan to leave the area. Owner has lived here for many years and has multiple properties and businesses in town. Owner is planning retirement and the the reason for the sale of business
Owner will consider financing at attractive terms/rates with a minimum of 50% down. MAKE SURE TO PUT OWNER FINANCInG BUTTON ON THE LISTING PLEASE.
Business comes complete with all Furnishings, Fixtures and Equipment for hotel, restaurant and bar operations. Everything included – full turn key operation.