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Hotel Opportunity!! 16 Unit Hotel in Sosua right near the Beach!

$795,000

Description

This charming hotel in Sosua is only steps away from the beach, as well many restaurants, bars, shops and more. Although being so close to so many amenities and being in the heart of Sosua, it is on a quiet street which offers peace and quiet. This hotel is perfect for the right investor who doesn't mind doing some small renovations to make it their own!

This hotel is truly is great investment opportunity, it has 17 rooms. This mini-hotel is 4 levels with a 2 bedroom suite on the top floor that has a large open terrace which offers absolutely stunning ocean views (possibly a great living quar...

Highlights

Direct Beachfront
ReferenceAVS-123253
PriceUS$795,000
Type of Commercial PropertyCommercial
ConditionCompleted
BeachfrontDirect Beachfront
ViewOcean Sea
Energy SourceGenerator
Title VerificationInfo Not Provided
Property Price$795,000
Down Payment (20%)$159,000
Loan Amount$636,000
20%
10%50%
9.5%
6%14%
20 years
Estimated Monthly Payment$0
Total of 240 payments$0
Total interest paid$0
Transfer Tax (3%)$23,850
Legal & Notary Fees (~1.5%)$11,925
Bank Fees (~1%)$7,950
Appraisal Fee$350
Total Cash Needed at Closing$203,075

* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.

External ListingSosua, Puerto Plata
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