Dominican Republic Hotel / Restaurant

#5279R

The Hotel has seventeen (17) double or triples rooms for rent, four (4) of them with cable tv, eight (8) with air conditioning, a room occupied by the proprietors with cable tv and another large one could be completed with little investment.

The project had been approved by the secretary of state of public works and communication, The future construction of a third floor with seven (7) additional rooms is also approved.

The Hotel and its surrounding occupy 23,529 sq ft. The availability of land is very limited and this is the only hotel that possesses titles to it's property.

There is a pool and jacuzzi of approximately 775 sq ft containing 20,000 gallons. Also there are beautiful gardens with ornamental and tropical trees and a profusion of flowers.

Because of its location on the seafront it is a privileged place in the south end of the city in a calm and beautiful sector, with a panoramic view of the bay and the cays.

Total land area = 75,396 sq ft, Total area of building - 10,764 sq ft, it is possible to negotiate with adjacent owner to buy additional land from 160,000 to 180,000 sq ft, property has frontage of 300 feet, overlooking the bay, 17 rooms - double or triple, restaurant/bar to seat 30 people, pizzeria to seat 48 people.

The owners prefer that the sale be done in one of two ways:

1. For the purchase of 100% of the company stock.

2. For the purchase of the land, buildings, improvements, and equipment.

This Property is Offered at $1,350,000

When inquiring, please mention property #5279R