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Dominican Republic Reposition Hotel, Playa Dorada, Puerto Plata –
Asking Price: 4.5 million (reduced to 4 million with renovation credit) Owner Financing: Down Payment of 1.5 million (negotiable) with reasonable interest only or interest and principal payments at 8 interest for a negotiable term or a balloon
135 Unit Motel type Hotel 80,000 sf of construction. The Motel sits on 2.5 acre plot of land situated on the main road in Puerto Plata, 4 minute shuttle ride to beach. Room for additional construction remains to add a special use pavilion building of 8,000 SF for Casino, spa or special purpose building if dedicated to specific use facility. The Hotel is also eligible for a Casino license for a processing and application fee of: 500,000 US.
Confidentiality Agreement REQUIRED. |
