For Sale $2,750,000 USD - Bed Breakfasts
Here is a fantastic opportunity to gain quick equity. The owner of this fabulous property has reduced the price to sell immediately. Come and look and make an offer on this amazing income property in the middle of the hotel zone.
This property was professionally appraised at nearly USD 4.4 Million in 2015 and is being offered at 2.5 M as the owner is unable to be present to run it. This is an opportunity to gain double equity and begin operating this business in the heart of the Thriving Hotel Zone of the famous destination of Hopkins, Belize.
Introducing Caribbean Style Bed and Breakfast consisting of 5 precious commercial lots with 6 buildings and a pool:
3 of the buildings form the courtyard of the Villages and are comprised of 3- 2 story concrete structures just built in 2014. The lower sections of these buildings are commercial rentals, most currently occupied by a restaurant, owner-run grocery and deli, owner-run laundromat and 2 offices currently being rented to a neighboring resort for reception and administration use. These can also be converted into vacation rental space as well. The upper stories of these 2 buildings all house fantastically fully equipped apartments that can be used as long-term or, for a more lucrative return, vacation rentals. These apartments are immaculate and no expense has been spared. They are fully furnished with AC/ and all amenities.
Buildings one and three have identical second floors with 2 each 2 bedroom apartments and one studio apartment in each. Building 2 has 2 2-bedroom apartments on the second floor. There is also a utility shed and backup generator that can power the entire property.
The Bed and Breakfast is a 6-room unit, renovated in 2015, and also houses a common kitchen an owner’s apartment, and a wonderful saltwater pool with its slide! There is also a bar and restaurant building with additional bathrooms. There is a 3rd story lookout deck affording a view of the nearby sea and fabulous sunsets.
The B and B has been operating and making a profit for 10 years and with owner management, can be a perfect revenue producer for the owners.
