Turnkey Boutique Resort New Year- New Price

Coconut Drive, San Pedro, Belize

   SOLD!   

$2,400,000

Price

6,700 sqft

Building Size

30,250 sqft

Lot Area

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Street
Map
Overview
Building Size
6,700 sqft
Lot Area
30,250 sqft
Keys
17
Star Rating
3
ADR
$135.85
Average Room Size
250 sqft
Year Built
1987
Price Per Sqft
$412
Price Per Unit
$161,765
Management
Unencumbered
Floors
2
Parking Spots
12
Year Last Renovated
2019
HVAC
Energy efficient split units new
Restrooms
2
Investment Strategy
Core Plus
Description

Mata Rocks Resort is located 1.5 miles south of downtown San Pedro on Ambergris Caye in Belize. This well maintained ocean front property is one of the top boutique resorts on the island. This is a profitable business with a well trained, productive management team in place.
​The resort has stunning views of the second largest barrier reef in the world and Caribbean sea. The property has 17 rooms, bar, swimming pool, office building and laundry room. The resort is located on the main paved north-south road providing retail opportunities with traffic increasing annually in this area. A second lot measuring 50 x 50 directly behind the current resort was purchased and has been cleared for development. Current building codes provides for 5 story construction which allows for expansion of the resort with ocean view rooms.

Highlights
  • Oceanfront
  • Undeveloped land included
  • Remodeled rooms
  • New Sea Wall and Dock
  • Low Tax Rates
  • Growing Tourist Market
Documents
Title
Belize_boutique_broker_info_10.27.19.pdf
Belize_boutique_flyer_10.27.19.pdf
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Location
Gallery