Hotel for sale, Manzanillo, beachfront – 2,500,000 USD
Country: Mexico
City: MANZANILLO
Price: $2,500,000 USD
Rooms: 26-8
Baths: 32
Floors: 7
Year Built: 2007
Other State/Province: COLIMA
Square Feet: 19,720 square feet
Lot Size: 10764 square feet
Annual Property Tax: 1,200 USD
Beautiful Boutique Hotel located in one of the fastest growing areas in Mexico, there are both business and tourist travellers all year (The Main Commercial Port in Mexico Is Manzanillo). We have 108 ft. of prime beach front with spectacular sunsets. There are 26 rooms but we have preparation for 8 more, maybe more, swimming pool area, we have 1 large pool, 1 big jacuzzi, and 1 small pool for kids plus there is a bar and restrooms, 1 restaurant over the reception area. On the 7th level there is a (2584 sq. ft.) salon with room for 100 people that can be used for meetings, weddings, parties, restaurant, etc… This area has a separate kitchen with gas, water (323 SQ. FT.) and set of restrooms (this level can be converted into a penthouse with an amazing view of Manzanillo bay). There is room to expand the hotel. The 7th floor can be sold separately for $800,000 US Dollars. The Las Brisas beach area is undergoing a new construction boom with many properties around that are being built and for sale, this will bring the equity value higher every day with the likelihood that in five years this property will double it’s price. (Remember Los Cabos 5 Years Ago And Puerto Vallarta 10 Years Ago). Rates: low-mid Season 1-2 PEOPLE-$120 USD (Ocean view room with 1 KS Bed, Jacuzzi and balcony) 3-4 PEOPLE-$140 USD (Ocean view room with 2 Dbl Beds and balcony.
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