For Sale $450,000 Reduced from $535,000 - Business
Hotel Villa Isabella, an intimate hotel, is located in the heart of San Juan de Sur with easy access to all its amenities. This nine bedroom nine bathroom hotel and four privately owned 2 bedroom condominium apartments, has a positive cash flow generating a 14% rate of return on the investment.
Built in 2000 and remodeled in 2010, this hotel features all 9 rooms with a private bathroom, quiet air conditioning, hot water showers, bath tubs, cable TV, wireless internet, and DVD players with a large selection of movies in English and Spanish. Also available are 7 off street parking spaces in the warehouse next door that houses the generator.
This fenced in well landscaped property gives clients a sense of security and privacy even though you are in the heart of the city. Included with the hotel is a 2001 Toyota Hilux with a rebuilt engine, First American Title Insurance, 3,000 gallon water backup system, and Royal Cedar wood accents. The 4 condos, if not lived in by the owners, are under a perpetual management agreement with the hotel sharing in the rental income.