Enchanting Jamaican Hotel Resort Property - $19.5M(USD)

Jamaica, Caribbean Islands

Enchanting Jamaican Hotel Resort Property - $19.5M(USD)
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Asking Price: $19,500,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $250,000

Real Estate: $22,500,000

Established: N/A

Enchanting Jamaican Hotel Resort Property - $19.5M(USD)

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Business Description

This is a unique opportunity to own the real estate and equipment from a very popular hotel and resort in Jamaica. This is a private, below market acquisition opportunity.

The property can remain as a hotel/resort, converted into condos or re-purposed as a combination of hotel, resort, timeshare, airbnb and/or vrbo units.

(Please Note - The 3 Star rated business is not for sale, no financials will be provided).

The property's land is 10,140 m2 with 125m of road frontage. There are 8 buildings with a total of 81 guest rooms, outdoor pool and jacuzzi, fitness center, bar/lounge, air conditioning, lush landscaping and garden, across from a world class beach/1 minute walk, arcade and game room, grotto and much more...

The area surrounding the property is developed with numerous hotels, along with the world famous White Sand "Beach. Numerous shops, bars and restaurants all supporting the tourist Industry along with local demands. The property is directly located where the demand for real estate is very high, prices
have been gaining steadily over the past few years and the trend should continue in the near future.

A full appraisal(available upon request with nda) was conducted on the property and equipment a few years ago(2011) and gave a value of $22.5M(USD). The approximate current value is north of $24M(USD).

This private listing is offered with Strict Confidentiality. Qualified buyers interested in additional information must sign an nda and be able to show proof of funds of $3M(USD). No Exceptions.

Please Only Contact Me - If you are interested, a qualified buyer and willing to go through the Strict Pre-Qualification Screening Process.

Qualified international buyers with verifiable proof of funds are welcome.

We are Paying a Very Lucrative 2% Referral Fee or Real Estate Commission!

Let us assist with your commercial or residential lease/acquisition, insurance and business expansion needs. Ask for our Free Needs Analysis and/or coaching session.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Reason for Selling:
Owner is retiring
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(from currently available funds)
 
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Winston Thomas

Business Listed By:
Winston Thomas

T-GLOBAL GrOUP/Beltway Business Brokerage

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