Historic Boutique Hotel in Aruba.​ With more than 100 years of Great Management!

orangestad, Aruba

$12,500,000

Price

6%

Cap Rate

3

Star Rating

Overview
Cap Rate
6%
Star Rating
3
ADR
$130
Description

The Hotel Buildings consists of the following units or components:

 1.​ General hotel rooms Main entrance, lobby, reception, offices, etc.​

2.​ "Old Wing" rooms (1 level) This is the original building on the LG Smith Boulevard street side

3.​ "New Wing" rooms (2 levels) This is a  2 story building on the left rear side with view to the pool

4.​ "Apartments" (1 level) These are apartments on the right side with its own private terrace 

5.​ "Pool area and landscaping" Fully renovated pool and landscaping area.​

6.​ Restaurant New restaurant with terrace 

7.​ Fencing and landscaping Fully renovated and restyled fence and landscaping

8.​ Parking lot & landscaping New parking lot and landscaping in front of building ( 12 spaces ) plus drive in  area.​

The cooling system of the "New Wing" are chiller on the roof and completely renovated "old wing" and the apartments open up new VRF cooling system which is very economically viable.​

The outside grounds are beautiful walkways and planting is very tropical.​ The fence to the front and right front completely renovated and is nicely finished

 7,820 m2 of privately owned land with project for 180 units 

Documents
Title
TALK_OF_THE_TOWN_.pdf
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Location
Gallery