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The Americas Investment Lodging Summit

Asia Pacific Hotel Investment Conference

PROPERTY DETAILS Last Updated: 2/21/2010
Atlantic Beach Hotel
Front View of Hotel
Front View of Hotel The Hotel Hotel Hotel
Offered By Top ^
ABH Management Corp.
Thierry Goins 787 409-5442
Demographic Information Top ^
Address PO Box 16876
City/State San Juan, Outside US
Postal Code 009086876
Country Puerto Rico
Region North America
View Maps
Click Here
General Information Top ^
Franchise Independent
Property Type Limited Service
Market Type Resort
Number Of Rooms 37
Year Built 1965
Terms Of Sale Cash
Listing Status Exclusive
Hotel Web Site
Property Description:
The Hotel is an existing beach front Tourist Hotel located on Condado Beach Area of San Juan, Puerto Rico. The Hotel has 37 guest rooms (keys), and a beautiful 2 bedroom, 2 bathroom owners Penthouse with a large modern kitchen. The Hotel has an electrical power plant and water storage tanks. All guest rooms have central air condition and are well furnished. A 90%,10 year goverment tax exemption on all property and income taxes is presently in effect ans is transferable to qualified buyer.
Location Description:
The property is located directly on the beach in the center of Condado Tourist Zone. The San Juan Mariott and new Renaissance Hotel Casino are located less than 2 blks. away. The Condado is a well developed densely populated urban upscale neighborhood which displays a wide variety of amenities including numerous branded Hotel chains located throughout. Restaurants, High End Boutiques and Retail Shopping are just some of the thriving business catering to the needs of Tourists and Locals alike.
Interior/Exterior Top ^
Lot Acreage
Building Sq. Feet 18,950
Banquet Capacity None
Corridor Interior
Performance & Results Top ^
Trailing 12 mo. Prior Year End
Occupancy (%) % %
ADR N/A N/A
REVPAR N/A N/A
Room Revenue N/A N/A
Total Revenue N/A N/A
NOI N/A N/A
Asking Price (USD) $9,750,000

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