10 Bedroom Hotel with Expansion Potential in Ojochal

Ojochal

Listing code: CAVU-0023-LC

$899,000
HotelProperty Type
10Bedrooms
10Bathrooms
1.5 acresLand Size
N/ABuilding Size

Property overview

Explore an investment opportunity in Ojochal. This 10-bedroom hotel is located off the highway, providing visibility and accessibility — ideal for a hospitality business or any entrepreneurial venture.

Three identical buildings, each has a studio suite with a full kitchen on the ground floor and another suite upstairs. 3 Ground-Level 1 BR Units featuring kitchens and private patio areas for guest relaxation. 1-Bedroom House: a two-story house with a kitchen on the first floor and a large bedroom on the second floor.

Every unit and building has been renovated, providing modern amenities and a welcoming atmosphere. Pool area with a new deck provides a space for guests to relax. Open area was once a popular restaurant and is ready to reopen as a dining venue or be transformed into a different business concept.

Growth Opportunities: A concrete pad with utilities is prepared for constructing an additional rental unit or structure. Highway frontage provides good location for further development, like a commercial complex or retail shops.

The 1.5-acre property has the necessary infrastructure for immediate operation and expansion. Rebuilding this property from the ground up would exceed the current asking price, making it a good value. This property is positioned for a strong return on investment (ROI) due to its location, facilities, and adaptable spaces.

Property facts

Property TypeHotel
Price (USD)$899,000
Bedrooms10
Bathrooms10
Land Size1.5 acres
Building SizeN/A

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