$2,230,770 USD

hotel in Sabalo Country

This property is priced at $29,000,000 Mexican pesos calculated at 13 * 1. Exchange rate is variable. This succesfull hotel in a prime commercial location on Camaron Sabalo near the Marina Mazatlan is a unique opportunity. Across the street, the old Camino Real hotel will soon be remodelled under new ownership, which will cause a surge in property values all around, with a very positive impact on this one. – 9 Two bedroom, one bath, living, dinning and kitchen units. – 8 One bedroom one bath, living, dinning and kitchen units. – 3 Hotel type rooms – 3 Commercial locals – 1 Suite with three bedrooms, Two bathrooms, living, dinning, kitchen and service room (Perfect for an owner operator). Highlights ▪With minimal investment, this property can be returned to its turnkey operation with daily, weekly, and monthly rentals with very attractive margins, or ▪The owners regretably must sell this property, and an opportunity like this, in this prime area, will be hard to come by again; a savy investor will not pass this up! ▪It can be developed into a B&B type operation in the PRIME tourist and snowbird location in Mazatlan. Features ▪ Ocean View Extra Features ▪ Controlled Access ▪ Lobby ▪ Storage Lot Features ▪ Corner Lot ▪ Courtyard ▪ Swimming Pool ▪ Trees / Shrubs Type: Commercial Garage: 8-Stalls Size: 1,946 sq. m. Lot Type:...