Business Overview:
Successful 60 Unit Cabarete Dominican Republic Hotel With Great Expansion Opportunityl $5,800,000. This successful 60 units hotel is located in the heart of Cabarete center. The units are 36 1BR apartments (about 80 m2) and 12 2 bedroom / 2 bathroom apartments (about 115 m2). The common area is 2500 m2 big and consists of a newly redecorated restaurant, bar and a big pool. The common area was redecorated for 300,000 US$ last year so everything looks very tasteful. BUT more than anything you can do here a good real estate deal. The hotel comes with a 10,000 m2 vacant land which has been approved for building and drawings for 66 brand new 2 bedroom/2bathroom condos! Here you can start building tomorrow! Features include: Cable TV, Electric Generator, Gas Connection, Phone Line, Power Converter, Refrigerator, Stove & Water Heater. Please contact today to learn more about this property.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Real property included.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: