Cash Sales Nets $140K Owner Financing

MLS ID

240519-12033

400 m2

Size

12

Bedrooms

13

Bathrooms

Description

NOW $1.2M Full video here: https://youtu.be/GqC0HvGRsGw

Welcome to the Buying Dominican Republic Channel! 🌴🏠

Playa Chiquita, Caribbean Diamond Boutique Hotel in the beautiful Sosua, Dominican Republic. 🏨 Property Details: Explore the details of this fantastic property, featuring 12 units, including two penthouses that are awaiting completion. The hotel boasts a spacious kitchen and a foundation for additional units. Plans are underway for 10 rooms and the finalization of the penthouses. 💰 Financial Information: This all-cash business generates an impressive annual net income of approximately $140,000 USD. The asking price for Caribbean Diamond Boutique Hotel is $1.2 million, and there’s potential for negotiating terms with a substantial down payment. 🅿 Additional Features: While parking on-site is limited, a separate large lot is available for purchase to accommodate additional parking needs. The property includes a maintenance facility for laundry, and the hotel is involved in the rental business, offering ATVs for rent. 📍 Location Details: Playa Chiquita is described as a small and somewhat secluded beach, providing a unique atmosphere for guests. The area holds promise for expansion and appreciation. Notably, the region is home to political residents, adding a touch of exclusivity. The video also touches upon other vacant lots in the vicinity. 🌟 Key Points: – All-cash business opportunity – Annual net income of $140,000 USD – Tax-free income potential – Negotiable terms with a substantial down payment

Address

Address: CARIBBEAN DIAMOND Boutique Hotel, 57000 Sosúa, Dominican Republic
  • Province: Puerto Plata
  • City / Town: Sosua
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  • MLS ID 240519-12033
  • Price $1,200,000 USD
  • Type Hotel
  • Status For Sale
  • Bedrooms 12
  • Bathrooms 13
  • Size400 m2
 General
 Appliances
 Included Services
 Lodging Amenities
Cash Sales Nets $140K Owner Financing

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Contact

Jim Fannon

Property Agent
18093308926
buyingdominicanrepublic@gmail.com
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