AUCTION:82 Roomed Hotel Jamaica Littleputt, Montego Bay, James, Jamaica Hotel £5,875,428 | €6,577,217 | $7,500,000 Request a Currency Exchange Quote Here

Incredible cash flow asset in paradise! The Wexford Hotel is a 82 room tropical sanctuary. Wexford is sitting on .587 hectares/1.45 acres and nestled in the midst of the captivating city of Montego Bay.

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Property Description ID:7751348
Starting Bid:$7,500,000
Description

Incredible cash flow asset in paradise! The Wexford Hotel is a 82 room tropical sanctuary. Wexford is sitting on .587 hectares/1.45 acres and nestled in the midst of the captivating city of Montego Bay.

This intimate, picturesque hotel overlooks the shimmering turquoise waters of the Caribbean sea and is surrounded by the lush mountainside of the island’s Gold Coast. It's ideally located on the famous “Hip Strip” Gloucester Avenue, in front of the newly developed Old Hospital Park facing the Montego bay Harbor. Shopping, dining nightlife and world famous beaches are all within five minutes walking distance.

The hotel has recently undergone a complete renovation and boasts a Beach Entry Infinity Swimming Pool, Sun Deck Pool Bar and a two story parking garage. Don’t miss your opportunity to cash in on paradise!

 

Highlights:
  • Cap rate is 22.5% on Suggested Opening
  • 82 Newly Remodeled Rooms
  • The hotel has recently undergone a complete renovation
  • Beach Entry Infinity Swimming Pool
  • Sun Deck, Pool Bar
  • Two (2) Story Parking Garage
  • Incredible cash flow asset in paradise
  • Broker participation welcome
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Important Property Information

Available Units

Hotel
  • GBP Price: £5,875,428
  • EUR Price: €6,577,217
  • USD Price: $7,500,000
  • JMD Price: JMD1,009,897,478

Key Selling Points

  • Cap rate is 22.5% on Suggested Opening
  • 82 Newly Remodeled Rooms
  • The hotel has recently undergone a complete renovation
  • Beach Entry Infinity Swimming Pool
  • Sun Deck- Pool Bar
  • Two (2) Story Parking Garage
  • Incredible cash flow asset in paradise
  • Broker participation welcome
Mortgage Information
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