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Successful Adult Resort for Sale - over 17% ROI Annually! Costambar ( Puerto Plata, DO - 57000) Built

$1,300,000 USD
JUST REDUCED

Remax Ocean Side Team

Joanne Hammond Joanne Hammond 1-829-648-4141 (Office) 809-571-9990 (Office) 1-829-648-4141 (Cell) Request More Info

  • High net profit!! TURNKEY
  • Type: Commercial
  • Style: Commercial
  • Bedrooms: 22
  • Bathrooms: 30
  • Size: 1,800 sq. m. "19,000 square feet"
  • Development Level: Built
  • Lot Size: 2350 sq. m.
  • MLS #: CH03-BB130

Description

This business is an impeccably maintained 14-year old, full operation adult hotel resort. Located only one block from a beautiful beach. This full service (not all inclusive) and highly profitable hotel contains 22 rooms, a 40+ seat Full Service Restaurant, 2 Bars (including small discotheque), Free Form 45,000 Gallon Pool, Custom Built Private 20+ person heated Jacuzzi, Gift Shop, Massage Parlor, Lush Landscaping, Beach Access, Volleyball Court, and Tour Desk; all in a walled in Spanish Style Courtyard environment.

All rooms are tropically decorated and include air-conditioning, ceiling fans, cable TV, refrigerators/mini bars, tile bathrooms, lock boxes solid Mahogany doors and marble tile floors.


Highlights and Assets include:

3 lots totaling approximately 2,350m2 (25,000 ft2)
780 m2 are available for expansion
floor space in 2 main buildings equal to approximately 1800m2 (19,000 ft2)
All titles are newly re-registered and fully documented
Newly formed LLC Dominican Corporation that allows a quick secure transfer of titles/assets
3 separate cisterns with a capacity of 20,000 gallons of water storage
85kw backup generator that powers the entire hotel and is professionally maintained (records available)
Extensive and excellent vendor/supplier relationships
Very detailed QuickBooks Pro Accounting System
2 Professional High/Volume/Traffic Websites
Bi-Monthly Newsletters with 10000+ subscribers and growing
Requires no major upgrades of equipment
Turn Key – Fully Operational and highly profitable
Great patronage from locals at Bar and Restaurant

Attachments

P2#277046766
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Information is deemed to be correct but not guaranteed. Each office is independently owned and operated