Property is Sold $1,300,000 USD - Commercial
This profitable hotel is an impeccably maintained, fully operational adult hotel resort. Current Financials feature an approximate 17% ROI.
Located only one block from a beautiful beach. This full service and highly profitable hotel features 22 furnished rooms, 2 bars including a small popular discotheque.
Amenities include a modern pool and sunbathing area, a 20 person heated jacuzzi, vollyball court, gift shop, massage service area, and a Tour Desk.
All rooms feature tropical colors and air-conditioning, cable TV, Overhead fans, refrigerators/mini bars, tile bathrooms, lock boxes, and solid Mahogany touches with marble tile floors.
Highlights and Assets include:
- The real property includes 3 lots totaling approximately 2,350m2
- There is an additional 780 m2 available for expansion
- Under roof construction in 2 main buildings is approximately 1800m2 (19,000 ft2)
- All titles are fully documented, fee simple, and operational permits renewed annually. Titles are held in a
- Dominican Corporation (LLC) that allows a quick secure transfer of titles/assets
- Water storage consists of 3 separate cisterns with a capacity of 20,000 gallons stored.
- There is an 85 kw backup generator that powers the entire hotel and is professionally maintained with service records.
- Extensive and excellent vendor/supplier relationships
- QuickBooks Pro Accounting System
- 2 Professional High/Volume/Traffic Websites and includes Bi-Monthly Newsletters with 10000+ subscribers and growing.
All major upgrades of equipment
Fully Operational and highly profitable—Turn Key opportunity