Details
Address:Zona Universitaria, Santo Domingo, Dominican RepublicType:CommercialStyle:Single StoryBedrooms:"28 Apartments"Bathrooms:"28 Bathroom"Garage:"Reserve parking as well s"Size:1,515 sq. m.Lot Type:RectangularLot Size:407 sq. m.Year Built:1996
Description
Fantastic 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 92% annual occupancy rate for the hotel. The hotel also has an office, reception and small coffee shop. Owner recently added a roof top Lounge 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:
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
Micro-wave
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: $1,950,000.00 USD. Contact your Real Estate Consultant for more information on purchasing this property today!