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"32 Room Hotel - 95% Occupancy"
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Address:
Sosua
Type: Commercial
Style:
Lot Type: Rectangular
Has Suite: Potential
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This well known hotel near the beach is offered for sale by the oriiginal owner/builder. Property has 32 rooms. Sixteen (16) units are suites with 2 bathrooms. Fifteen (15) of them have kitchens. Each rents for $50/day. There are 16 other units that are studios. These rent for $40/day. All rents are below market. Occupancy rate is 95% year round. There is on site professional management. Expenses are approximately $1520/month.
Even at less than market room rates, the property generates great cash flow. |
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