Fotografii

SELLER WILL CONSIDER JV or FINANCING!
2 and 1/4 acres directly on a beautiful beach in Sosua and a 1/4 acre lot behind. The property is a
non-operational hotel which needs a complete renovation and overhall. The property is being sold
for the raw land value.
The buyer has the option to renovate the existing property which consists of 9, 4 story buildings
with a 200m2, three bedroom condo, on each floor. The cost of renovation will be in the range of
$400/m2 ($2,600,000) turnkey. The value of the completed apartments is in the range of
$12,500,000 (very conservatively) - AMAZING ROI!!
There are plans and a pro-forma available for a new beachfront condominium complex which
would require a full tear down and rebuild.
This property has incredible potential for a condominium complex directly in the middle of Sosua
on a beautiful stretch of beach.
Grab this opportunity now!!

Cerere Informații

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