AUCTION:82 Roomed Hotel Jamaica
Littleputt, Montego Bay, James, Jamaica
Hotel
£6,369,179 | €7,275,902 | $7,500,000Request a Currency Exchange Quote Here
Incredible cash flow asset in paradise! The Wexford Hotel is a 82 room tropical sanctuary. Wexford is sitting on .587 hectares/1.45 acres and nestled in the midst of the captivating city of Montego Bay.
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Property DescriptionID:7751348
Starting Bid:
$7,500,000
Description
Incredible cash flow asset in paradise! The Wexford Hotel is a 82 room tropical sanctuary. Wexford is sitting on .587 hectares/1.45 acres and nestled in the midst of the captivating city of Montego Bay.
This intimate, picturesque hotel overlooks the shimmering turquoise waters of the Caribbean sea and is surrounded by the lush mountainside of the island’s Gold Coast. It's ideally located on the famous “Hip Strip” Gloucester Avenue, in front of the newly developed Old Hospital Park facing the Montego bay Harbor. Shopping, dining nightlife and world famous beaches are all within five minutes walking distance.
The hotel has recently undergone a complete renovation and boasts a Beach Entry Infinity Swimming Pool, Sun Deck Pool Bar and a two story parking garage. Don’t miss your opportunity to cash in on paradise!
Highlights:
Cap rate is 22.5% on Suggested Opening
82 Newly Remodeled Rooms
The hotel has recently undergone a complete renovation
Beach Entry Infinity Swimming Pool
Sun Deck, Pool Bar
Two (2) Story Parking Garage
Incredible cash flow asset in paradise
Broker participation welcome
Incredible cash flow asset in paradise! The Wexford Hotel is a 82 room tropical sanctuary. Wexford is sitting on .587 hectares/1.45 acres and nestled in the midst of the captivating city of Montego Bay.