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Top Hotel! High Yield, Expansion Potential And Central In Santa Ana For Sale

Santa Ana, San Jose, Costa Rica
Asking Price:
$4,900,000 (USD)
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$250,000 (USD)

This is an investor's dream come true! You don't need to manage this winning turn-key. The seller/operator wants to sell his shares in order to take on another project in Puntarenas. He actually is operating 2 hotels (both for sale) and wants to liquidate his equity share in order to focus his attention on a bigger hotel project. That being said, the seller can stay on board after the sale and maintain that the hotel continues to run as-is. So what has he done with this hotel?!

Hotel Luisiana is an economy hotel in the heart of Santa Ana. The French Colonial design is a favorite amongst locals and tourists! Just Google its room rates - they are some of the most competitive in all of the Central Valley and this keeps occupancy up. Their service and security are also top-notch with thousands of guests coming back again and again.

Boasting a small restaurant (soon to expand), 47 rooms (also soon to expand), a large pool, 28 parking spots, and large rooms with economical prices, this hotel stacks an 88% annual average occupancy thus generating enormous revenue for its size! But it doesn't stop there. The owner has recently purchased an adjacent property with plans to build a restaurant and added rooms. But there's more, put on hold from the pandemic, the existing property already has plans drawn and a foundation set to build up to 20 more rooms and financing is already in place.

With an excellent public reputation and high-ranked marketing, it generates north of $700,000 annual revenue. While we're discussing numbers, the hotel has a $1.8MM mortgage that can be carried by the bank in the sale. That's a 40% discount on the investor's initial investment. And if the $3.1MM price tag is still out of your reach, the owner is open to structuring a private financial option.

It's located in a quiet residential area next door to a new Evangelical church with several middle-class gated communities surrounding it. In the heart of Santa Ana, San Jose, Hotel Luisiana is only a few minutes from Valle del Sol golf course and Santa Ana Country Club, highway Route 27, Forum 1 & 2, horseback riding, supermarkets, gyms, dining & shopping plazas such as City Place, Momentum Plaza, Terrazas Lindora, and Escazu where guests can enjoy MultiPlaza Mall, Avenida Escazu, District 4, Escazu Village. Less than 30 minutes from the airport, and 90ish minutes from the beach.

Why does my team at Buy Hotels Costa Rica call this hotel a TOP WINNER? Hands down, it's the consistency of yield and occupancy. Most hotels in Costa Rica are focussed on tourism which comes with drastic low-season swings, in some places up to 8 months of occupancy hover around 30% or lower. This can be dismal for the bottom line. Hotel Luisiana strikes its high occupancy numbers by catering to multiple niches: business class, single-night stay, economy class, family, and most interesting - medical recuperation. The hotel is so centralized stay for tourists on a budget that need a place near the airport. Many locals come to the central valley for legal or medical appointments and need a place to stay. There are also the occupants who are looking for a night out of the house ;)

Although it boasts economic prices, the front and back of house staff are trained well and the hotel offers a quality experience every time. This is due to the high expertise and standard held from the very top - the seller. Whom, as we said, doesn't want to just sell, he wants to create successful hotels around the country. This is what he and his wife love to do. Join his team and buy this hotel before the winnings go to someone else.

For more information, please contact us by using the form below.

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