0 Heredia Province Costa RicaSan Rafael, CA 00000
- Retail properties
- 136,343 SF
Property Details for 0 Heredia Province Costa Rica
- Year built
- 1980
- Lot size
- 3.13 AC
- Property size (Sq ft)
- 136,343 SF
- Property type
- Retail properties
- Property subtype
- Hospitality properties
Description
This exceptional investment opportunity presents a fully operational, 42-unit hotel in Heredia Province, Costa Rica. Boasting 100% occupancy, the property comprises 17 buildings on a 3.13-acre lot, totaling 136,343 square feet. Built in 1980 and renovated in 2000, the hotel features 50 beds across its 42 keys and offers 125 parking spaces. The property is offered fee simple and is suitable for a 1031 exchange. An additional 42 units are potentially developable, utilizing 42,000 square feet of air rights. Current annual revenue is substantial, with significant potential for growth through the addition of planned amenities such as a casino, restaurants, and ballrooms. The hotel's prime location and strong market position ensure a stable investment environment with high returns. Detailed financial projections are available upon request. This is a unique chance to acquire a large-scale, high-performing hotel in a thriving tourist destination.
Location Insight
- City
- San Rafael
- County
- Marin
- State
- California
- Latitude
- 37.9748
- Longitude
- -122.532
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