Successful 60 Unit Cabarete Dominican Republic Hotel With Great Expansion Opportunityl $5,800,000. This successful 60 units hotel is located in the heart of Cabarete center. The units are 36 1BR apartments (about 80 m2) and 12 2 bedroom / 2 bathroom apartments (about 115 m2). The common area is 2500 m2 big and consists of a newly redecorated restaurant, bar and a big pool. The common area was redecorated for 300,000 US$ last year so everything looks very tasteful. BUT more than anything you can do here a good real estate deal. The hotel comes with a 10,000 m2 vacant land which has been approved for building and drawings for 66 brand new 2 bedroom/2bathroom condos! Here you can start building tomorrow! Features include: Cable TV, Electric Generator, Gas Connection, Phone Line, Power Converter, Refrigerator, Stove & Water Heater. Please contact today to learn more about this property.
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