Wexford Hotel - MUST SELL !! CASH FLOWING BEACH HOTEL

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Features
Location: Jamaica
Price: 9,500,000.00 USD
Square Area: 70,769 Sq. Ft (6,575 Sq. M)
Acres: 63,249.00
Bedrooms: 84
Bathrooms: 84
Amenities:
Water
» Swimming Pool
» Waterview
Description
Beach Hotel, 84 Suites (1980-2011) Non Branded & Cash flowing on Famous "Hip Strip" Montego Bay Jamaica.
Totally renovated in 2006 . Pool / Covered Parking Garage/ Restaurant /Bar and conference room.Newly built 2 story 24 car garage.Many other upgrades. Building, licenses, marketing materials,all included. Valuation ( appraised) in 2013 for $ 16 - 18 Mill. Priced to sell . Income/expenses available for review.

Montego Bay Beach Hotel
ideally located on the famous Hip Strip, accross from newly developed Old Hospital Park, facing Montego Bay Harbor. Easy access to shopping, Margaritaville, Aqua Sol Beach , world famous Doctors Cave Beach, all within walking distance.


Highlights

NON BRANDED - CASH FLOWING ASSET
PRICED BELOW APPRAISED VALUE .
$ 5 MILLL ASSUMABLE MORTGAGE. BUILDING RENOVATED AND EXPANDED IN 2011

EXCELLENT LOCATION ON MAIN STREET ACCROSS FROM NEW BEACH PARK
REAL NUMBERS / POTENTIAL FOR IMPROVEMENT OF NET INCOME
OWNER MOTIVATED . ALL SERIOUS OFFER TO BE CONSIDERED

See the attached link for further details:

Website: http://www.fgdgroup.com/info/property/commercial/A1749727/

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