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Turnkey Boutique Resort New Year- New Price

$2,400,000

Coconut Drive, San Pedro, Belize

Active
Last Updated: 06/29/2022

6,700 sqft

Building Size

30,250 sqft

Lot Area

Details:
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
Highlights:
  • Oceanfront
  • Undeveloped land included
  • Remodeled rooms
  • New Sea Wall and Dock
  • Low Tax Rates
  • Growing Tourist Market
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.

Map:
Documents:
Title
Belize_boutique_broker_info_10.27.19.pdf
Belize_boutique_flyer_10.27.19.pdf
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