Mexico Luxury Hospitality Portfolio For Sale

Business description

(40MM NOI)
EXCLUSIVE!!!! FOUR-HOTEL PORTFOLIO IN RIVIERA MAYA

Here is a rare opportunity to acquire a portfolio of four hotels positioned in Cancun and Playa del Carmen, Mexico. All beachfront, Five Star, recently renovated for the utmost in luxury and style. High cap rates, average occupancy of 90.32%. Combined, a total of 1,495 well-appointed suites, 1,079 square feet of land, 1, 551 square feet of construction and 2533 feet of beachfront. Projected 2008 NOI $40.65 million, and well on track to meeting or exceeding expectations. Detailed financials available with confidentiality agreement and bio. Price: $419 million; stock purchase preferred, but not required

Property information

Real Estate:

Real Property Included

Location:

Cacun and Playa del Carmen

Other information

Financing available:

negotiable

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