$2,595,000

Investment Opportunity: Central Valley Hotel with Strong Revenue Potential

Welcome to a unique investment opportunity in the heart of Costa Rica's Central Valley. This 34-room hotel is strategically located between the international SJO airport and central San Jose, nestled in the exclusive gated community of Los Arcos, Ciudad Cariari. Priced at US $2.595 million, with up to 50% financing available, this property promises a high annual rate of return that justifies the investment.

Overview:

Built in Stages: Constructed in three stages, with the front building in 1996, the back building in 2001, and the pool area added in 2009.
Room Features: The hotel boasts spacious, fully loaded rooms, most with two new queen-size beds, private baths, flat-screen TVs, WiFi, A/C, CubieTime alarm clock with charger, and more. Suites offer additional amenities like in-bath Jacuzzis, microwaves, and outdoor balconies.
Diverse Amenities: Enjoy a sixty-person bar and restaurant, a solar-heated pool and Jacuzzi (remodeled 2023), a two-story solarium room, a business station, and a fully equipped gym.
Self-Sufficient: The hotel has its own legal potable well and a gas-fired electric plant, ensuring a constant water supply and electricity, even in Costa Rica's occasional power outages.
Strategic Location:

Competitive Edge: Positioned as an eco-friendly hotel in a gated community, the hotel competes with four large chain hotels in the area.
Year-Round Business: Situated on the edge of a free zone, the hotel enjoys year-round occupancy, avoiding the extreme low seasons faced by beach hotels.
Ideal Climate: Located 15 degrees cooler than coastal areas, the Central Valley attracts visitors looking to escape the heat, particularly from regions like Florida and Texas.
Tourism Hub:

Diverse Experiences: Costa Rica's tourism is solidified by its diverse attractions, including rainforest adventures, volcanoes, rafting, zip-lining, wildlife, and cultural experiences.
Central Hub: The hotel serves as a central point for day tours to popular destinations, making it ideal for travelers exploring various parts of Costa Rica.
Business Opportunities:

Revenue Streams: Beyond accommodation, the hotel generates income from leased bar and restaurant spaces, tours, car rentals, and transfer services.
Staff Incentives: The staff is incentivized to organize and sell additional services, providing guests with excellent service and the hotel with additional revenue.
Prime Location:

Safety and Convenience: Unlike hotels in the heart of San Jose or near noisy runways, this hotel offers a safe, clean, and quiet environment while remaining close to key attractions.
Supply Accessibility: Strategically located for easy access to the Costa Rica food distribution center, the hotel can source supplies at lower costs.
Key Feature:

Proximity to Convention Center: The hotel stands as the closest to Costa Rica's new $62 million Convention Center, offering a significant advantage for business travelers.
Financial Snapshot:

Proven Performance: With a CAP rate of about 12.5 and a year-round occupancy hovering around 70%, the hotel presents itself as a sound investment with existing reservations.

Don't miss the chance to own a well-established hotel in a prime location, primed for continued success. Contact us to explore this lucrative investment opportunity.