Paradise Inn Hotel

Mary’s Fancy
ID 777
USD 4.900.000
1548 m²

37 guest room hotel-investment opportunity

Investment opportunity!  Interested in owning a piece of paradise? This could be what you are looking for! The property includes a 37 guest room hotel, built in 2010 tucked in the Cay Hill area, conveniently located to the sports complexes, government offices and “Fair ground”.  This property has been thoughtfully developed and includes a cistern, generators, hurricane shutters on every door and window, Solar panels, and concrete construction which make it fully self sustaining. Guest rooms are well appointed and offer both studios and one bedroom layouts. All supplies and furnishings will convey with the sale. 

Additionally the property has a quaint pool for guest enjoyment, an 18 space parking lot, onsite laundry room, a mini mart (currently operated by an outside party generating additional rental income), a security gate and 8 security cameras.  All guest rooms have Lennox AC units.  The main office/lobby where guests are greeted and check in is on the main level and has a spacious back office connected to it for internal use. The entire property has been meticulously maintained and cared for.  

The location, convenient to Phillipsburg, shopping, dining and the beach and is ideal for attracting visitors for sports, business and government purposes. The owner currently has contracts with sports teams, businesses and governments of other Caribbean islands, maintaining a low vacancy with repeat clientele. The construction design includes the possibility for an additional floor to be added for additional future revenue.  This exciting investment opportunity includes both the Real Estate and the business, financials available upon request.

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