Resort For Sale - Bull Bay, St. Andrew

Resort for Sale 
?Bull Bay, St. Andrew 
Lot Size: 0. 75 Acres 
Lot Sqft: 32,670
Price: USD $1,450,000

Strategically located within close proximity to the Norman Manley Airport and a major shopping centre with access to restaurants, service stations, ATMs, pharmacies etc with it being less than 1minute from Harbour View round-a-bout this hotel serves to be a hotelier dream. This boutique hotel boasts 17 rooms in total with 1 room as a ocean view luxury suite with kitchen. The average room size is 17ft x 12ft, each with a bathroom. Based on expected ROI per room the average per night rate is USD$100 and a monthly gross ROI at USD$42,500 at a 25 day occupancy. This is the lower end of the rate scale which means there is potential to increase rates. The stand alone building will be the front desk area, laundry and staff quarters. There is also a pool house with bathroom facilities, ample parking and beach access. Being sold 'As Is'. Price will adjust based on the stage of completion at the time of commitment. Contact Agent for viewing appointment.

Peta-Gay Dilworth
Realtor Associate | Realty One Group Titans
? [email protected]
? 876-565-7091

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