Great Hotel Business Opportunity 10% Cap Rate
Location Dominican Rep.
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 20 - 34
Inventory 1775000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Description In Cabarete, only 100m from the beach, in the best residential area, new construction, 2 buildings, total 16 units, 4 studios(35 sqm), 4 X 1 bedroom apartment (60 sqm), 5X2 bedrooms apartments ( 117 sqm), 1X2 bedrooms penthouse ( 170 sqm) and 1X4 bedrooms duplex penthouse( 270 sqm) and one separate small studio in bungalow ( 16 sqm). Private pool with jacuzzi( 75 sqm), parking, office, laundry, bar / restaurant at the pool, total construction = 1435.5 sqm.
Electricity / water / security 24h/24h, new private generator, at a walking distance from the center of Cabarete. First class imported material, telephone, internet dsl, cable tv, air conditioning, sea view. Excellent vacation rental and long term rental. 10% cap rate! Occupancy 85% Opportunity! Contact for more information on this Hotel for sale.
Dominican Republic - Email or call Remax Ocean Side Realty 809-657-4141
Click Here To Contact Seller
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