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709134 | Belize Great Invest reduction 500K reduction ,23 r

Belize Great Invest reduction 500K reduction ,23 r
Type: buy
PriceAmerican $943,950.00
Seller
Quantity: 1
Availability: yes
Location: Corozal, Belize

Belize Great Invest reduction 500K reduction ,23 rooms INCL $ 116K Furniture and Inventory / Stock value: The hotel has 23 rooms, each of which has A/C, cable TV, WiFi, refrigerator, microwave, fan and hot water.

Huge price reduction 500K reduction ...Great Deal 23 Unit Hotel In Corozal: "The hotel is beautiful, so clean, staff very friendly and helpful". Established in 1957 with the current Owner in charge since 2003. The hotel was completely rebuilt, including foundation 2004 and 2005. The foundation is rated for 5 floors. They have room for expansion on the existing foundation for 25 more rooms. The hotel has 23 rooms, each of which has A/C, cable TV, WiFi, refrigerator, microwave, fan and hot water. The square footage of the hotel is 32,000 sq. feet and sits on 3 lots, two of which are 50 feet by 100 feet and one of which is 50 feet by 150 feet.

There is a restaurant area that seats 65 people and a laundry and storage building. They also have city water and a diesel electrical generator. Owner has talked to the gaming commission about putting in a game room or a complete casino. Each have particular requirements,

but Owner has been assured that if the conditions are met it would be approved. If you are interested, then Owner would be willing to share the information. Owner offers financing options, 50% down and 50% in 5 years with NO interest! Good deal for cash! Prime location on the main road in Corozal, Belize. just one block away from Corozal Bay and 6 miles from the Corozal Free Trade Zone, where 3 existing casinos are operating.

Furniture / Fixtures value:

$79,000 (USD) - included in the asking price

Inventory / Stock value:

$37,777 (USD) - included in the asking price

We are ready to provide with more detailed financial data upon signature of soft LOI (without penalties for non-buying) showing the financial credibility and interest of the potential buyer.

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