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SPACIOUS SUN DECK, RIGH ON THE BEACH. AIR CONDITIONED RROMS WITH PRIVATE BATHS. MAID SERVICE. KITHCHEN AND LIVING ROOM FOR GUEST USE.
LOCATED JUST A FEW STEPS FROM MAJOR HOTELS, CASINOS & RESTAURANTS
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AT FOLLOWS A SUMMARY OF THE PRINCIPAL BUILDING, THE HOTEL ONLY:
Caribbean Dream" The real estate is an existing beach front tourist Hotel located on the Condado Beach area of San Juan, Puerto Rico .
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The Hotel operates 41 guest rooms (keys) and features a very, very busy and famous beach front Bar and Restaurant which is popular with tourist and locals alike, year round.
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The property is a single lot measuring approximately 677.53 sq. meters. The improvements consist of a 5-story reinforced concrete building with a gross area of approximately 18,950 sq. feet .
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Recent and ongoing renovations and maintenance contribute to the very good condition of the building which may be rated overall as having an effective age of 5 to 8 years and an actual age 30 years.
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The property has an electrical power plant and water storage tanks. All guest rooms are central air conditioned and well furnished. Rooms are comparable to other Hotels within the market.
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Property also has an incredible fifth floor owners Penthouse apartment with two bedrooms. A 90%, 10 year government tax exemption on all property and income taxes is presently in effect & transferable
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The property is located directly on the Beach in the center of the Condado Tourist Zone in San Juan, Puerto Rico. The San Juan Marriott and new Renaissance Hotel and Casino are located less two blocks
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The single corner site has frontage to Vendig St. at its western boundary and the sandy beach of the Atlantic Ocean Maritime Zone to the North. The property has excellent commercial exposure by beach.
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THE TWO OTHERS PROP. IS SEPARATE GUESS HOUSE EACH OF APROX 400 SQ MT.
FIRST ONE OF TWO STORY & 6000 SQ. FT. & SECOND ONE OF 3000 SQ. FT.
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