Cancun, Mexico - 400+ Oceanfront Luxury Resort - Amazing Cap 10% (Actual) - Value ADD Opportunity
Off Market - Cancun, Mexico - 400+ Oceanfront Luxury Resort - Amazing Cap 10% (Actual) - Value ADD Opportunity
This Is Performing At A 10 Cap On Actuals
-400+ Keys Of Absolute Luxury At An Oceanfront Resort In Cancun (All Inclusive)
Purchase Price Is Firm (Per The Seller) @ $230M + 3%
(To Move Forward, The Buyer To Please Follow The Protocol Below)
This Is A 5 Star All Inclusive Adult Only Oceanfront Resort Fantasy Getaway Located In Cancun.
The Incredible Part Is The Actual Net Operating Income That The Seller Will Prove In The Formal Due Diligence Period. The Actual NOI Is $22,456,000 With A Cap Rate Of 10%. Nothing In Mexico That I Have Is Anywhere Close To A 10.
Another Major Plus For The Buyer In Addition To The 10 Cap, The $391 Night ADR And The 89% Occupancy Rate Year Round, Is The Fact That This Resort Also Comes With Additional Land (Number Of Acres Being Verified) To Be Able To Build Another 150 Rooms.
Offering Memorandum available upon request.
Asking Price $230,000,000
Sales Available On Request
Profit Available On Request
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