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Fantastic investment income property for sale situated in the center of the city of Santo Domingo in the Dominican Republic. This fully functioning Boutique Hotel business has 28 Apartments (see breakdown of units below). This business has been open since 1996 and continually to build a good but regular clientele thus keeping a 92% annual occupancy rate for the hotel. The Boutique Hotel has his Reception, Lobby, Coffee Shop, Hotelbar and 1 Commercial Unit. Owner recently added a roof top Lounge and BBQ area with swimming pool and Gym.
This is a quality “Boutique Hotel” located in a very good and central location, next to Malecon Center and the major Universities of the Dominican Capital, in a central and quiet area of Gazcue University Zone of Santo Domingo. Three walking minutes from the Malecon Ocean front and the Santo Domingo Metro Train Station. The Boutique Hotel is closed by Cinemas, International Restaurants and Bars, American style supermarkets.
The 28 Apartments are divided and consist of the following units:
3 Pent Houses: 2 bedrooms, kitchen, and bathroom.
3 Super Suites: 2 bedrooms, kitchen, and bathroom.
13 Suites: 1 bedroom, kitchen, and bathroom.
9 Studios: 1 bed, kitchen, and bathroom.
FEATURES OF ROOMS
Microwaves
Mini fridge
Stove & sink
Ceiling fans
Television
Air conditioners
Table with chairs
Full & queen size beds
Small Sofa and chair (not for studios)
Quality and clean bedroom linen and bathroom towels
Local Infrastructure & Utilities:
24 hour Security
Water & Electricity
Backup Generator
Cable TV, Internet
On site laundry
* Selling price: ,200,000.00 USD |