Hotel Boutique for sale in Gazcue, Santo Domingo, Dominican Republic, Suite City Gazcue (Santo Domingo, Distrito Nacional, DO - 10103) Built

$2,500,000 USD
Price just reduced and guarantee 8 year return

Rabbit International Real Estate

Alex Hernandez Alex Hernandez 1-809-518-2801 (Office) 1-809-605-8844 (Cell) Request More Info

  • Owner penthouse with full ocean view
  • Type: Commercial
  • Style: 5-Level Split "pool and gym on the ocean view roof"
  • Bedrooms: n/a "28 Apartments"
  • Bathrooms: n/a "28 Bathroom"
  • Garage: 8-Stalls "Reserve parking as well s"
  • Size: 1,515 sq. m.
  • Development Level: Built
  • Lot Type: Rectangular
  • Lot Size: 407 sq. m.
  • Year Built: 1996
  • MLS #: AH-ALH-001

Description

Boutique Hotel with roof top penthouse and swimming pool for sale in Zona Universitaria Gazcue

This Fantastic fully renovated investment income property for sale situated in the center of the city of Santo Domingo in the Dominican Republic. This fully functioning Apart-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 90% annual occupancy rate for the hotel. The hotel also has an office, reception and small coffee shop, bar and 2 commercial space. Owner recently added a roof top Lounge bar area and swimming pool. The hotel is near a Cinema, International Restaurants and Bars, American style supermarkets, and the new famous METRO train station
on Avenida Maximo Gomez.

The 28 Apartments are divided and consist of the following units:

1 Master penthouse: 2 floors of penthouse with pool and panoramic view, 3 bedrooms with own bathrooms, 2 living area, 2 kitchen, guest bathroom, laundry room, terrace and BBQ area.
2 Pent Houses: 2 bedrooms, kitchen, living room, dinner room and bathroom.
3 Super Suites: 2 bedrooms, living and dinner room, kitchen, and bathroom.
13 Suites: 1 bedroom, living and dinner room, kitchen, and bathroom.
9 Studios: 1 bed, kitchenet, and bathroom.

Some rooms where just converted into 4 beds and full bathrooms and a privete bedrooms with a bathrooms so it can accomodate 6 persons where the a couple can stay in a privete room inside the same room, so it incrase the capacity per room in these floor.


FEATURES OF ROOMS

Micro-wave
refridgetor
Stove & sink
Plasma 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: $3,500,000.00 USD. Contact your Real Estate Consultant for more information on purchasing this property today!

PRICE REDUCED Now: $2,400,000 USD

Return of investment in 8 Years

Attachments

Features

View

  • City Lights
  • Hills
  • Marina
  • Mountain View
  • Ocean View
  • Panoramic
  • Water View

Appliances

  • Dryer
  • Generator
  • Microwave
  • Outdoor Grill
  • Refrigerator
  • Stove

Cooling

  • Central Air

Heating

  • Hot Water / Steam

Sewer/Water Systems

  • Private
  • Public
  • Water District

Lot Features

  • RV Parking
  • Swimming Pool

Extra Features

  • Balcony
  • Cable Available
  • Controlled Access
  • Fitness Center
  • Furnished
  • Gas Line Hook-up for BBQ
  • High Speed Internet Available
  • Intercom
  • Lobby
  • Pets Allowed (under 20 lbs.)
  • Public Transportation
  • Reserved Parking
  • Satellite Dish
  • Security Guard on Duty
  • TV Security
  • Valet Parking
  • Wheelchair Access
P2#3284559
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