CONDO HOTEL FOR SALE 2 EXPANSION REDEVELOPMENT OPTIONS   PLAYA DEL CARMEN, RIVIERA MAYA, QUINTANA ROO, MEXICO OPTION (1) AS IS $7,500,000 DISPOSITION ASKING PRICE 3 FLOORS 18 KEYS MIX UNITS 2 BEDROOMS 1 BEDROOMS STUDIOS  $9,000,000 APPRAISAL   OPTION (2) EXPANSION DEVELOPMENT $10,000,000 ACQUISITION INVESTMENT  42 KEYS CONDO-HOTEL RE-DEVELOPMENT PROJECT  4TH FLOOR & ROOFTOP POOLSIDE ENTERTAINMENT ADDITIONS 1ST, 2ND & 3RD FLOORS COMPLETE RE-DESIGN $12,000,000 PROJECTED FUTURE VALUE   OPTION (3) EXPANSION DEVELOPMENT MAXIMUM $12,500,000 ACQUISITION INVESTMENT  55 KEYS CONDO-HOTEL RE-DEVELOPMENT PROJECT  4TH, 5TH FLOORS & ROOFTOP POOLSIDE ENTERTAINMENT ADDITIONS  1ST, 2ND & 3RD FLOORS COMPLETE RE-DESIGN ~ $15,000,000  PROJECTED FUTURE VALUE ~ $3,832,500 PROJECTED GROSS INCOME = $150 AVERAGE PER NIGHT x 70% OCCUPANCY x 365  ~ $2,000,000 PROJECTED NET INCOME    ~ SOIL STRUCTURAL ENGINEERING ARCHITECTURAL BLUEPRINTS COMPLETED SHOVEL READY ~ NEXT TO TWO FIVE STAR BOUTIQUE HOTELS THE GRAND PLAYA HYATT & THE REEF 28 ~ WALKING DISTANCE TO THE BEACH, ONLY 250 METERS ~ ADJACENT TO FASHION MALL & CENTRAL ENTERTAINMENTS ~ PRIVATE BEACH COUNTRY CLUB AUTOMATIC MEMBERSHIP

Details

Year Built

2000

# of Floors

5

# of Buildings

1

Lot Size

2 acres

Features

• Interior Corridor
• Exterior Corridor
• Mixed Corridor
• Breakfast Room
• Restaurant
• Lounge/Bar
• Business Center
• Indoor Pool
• Indoor Hot Tub
• Outdoor Pool
• Outdoor Hot Tub
• Fitness Center
• Elevator
• Guest Laundry
• Meeting Space
• Living Quarters