Status as of Nov-20-2008 at 06:42 PM: Active
EXCLUSIVE!!!! FOUR-HOTEL PORTFOLIO IN RIVIERA MAYA
Here is a rare opportunity to acquire a portfolio of four hotels positioned in Cancun and Playa del Carmen, Mexico. All beachfront, Five Star, recently renovated for the utmost in luxury and style. High cap rates, average occupancy of 90.32%. Combined, a total of 1,495 well-appointed suites, 1,079 square feet of land, 1, 551 square feet of construction and 2533 feet of beachfront. Projected 2008 NOI $40.65 million, and well on track to meeting or exceeding expectations. Detailed financials available with confidentiality agreement and bio. Price: $419 million; stock purchase preferred, but not required.
| Industry: |
Hotels & Motels For Sale Accommodation & Food Services Businesses For Sale |
|---|---|
| Location: |
Businesses For Sale In Mexico |
| Other: |
Franchises For Sale Companies For Sale |
| Sector: | Accommodation & Food Services |
|---|---|
| Industry: | Hotels & Motels |
| Classification: | Mexico |
|---|
| Sales: | Between $100 Million And $250 Million |
|---|---|
| Profits: | Between $25 Million and $50 Million (40,000,000) |
| Profit Type: | Net Income |
| Fiscal Year: | 2008 |
| Asking Price: | Over $20 Million (419,000,000) |