The Best Western Hotel & Casino Kamuk located in Costa Rica for Sale!


Property

Website:https://www.nestseekers.com/3888123
Address:
Quepos, Costa Rica
Quepos, Puntarenas Province
Costa Rica
Ownership: Hotel
Type: Hotel
Bedrooms: 44 BR
Bathrooms: 44

Financials

Price:$4,000,000

Description

Major Price Reduction

The Best Western Hotel & Casino Kamuk, a four-star 44-key hotel located in Costa Rica’s central
pacific coast in Quepos, Manuel Antonio (the “Property” or “Hotel”) is available for purchase. Current
owners are looking to sale 100% of the property and affiliated real estate.

Property Highlights

• The Hotel is in one of Costa Rica’s top tourist destinations currently attracting significant
investment in the area.


• Unique oceanfront location in the middle of the destination’s primary urban hub and
walking distance to the newly built luxury yacht marina.


• Established track record and operational performance, long-running franchise agreement
with Best Western Hotels & Resorts.


• One of the very few hotels of its size with an active casino license titled to the Hotel.


• Included in purchase is an adjacent 7-car cemented parking lot.


• Direct street access with commercial real estate areas for additional ancillary income.


• Upside investment opportunity for asset repositioning or CAPEX improvements.

Pops Ice Cream Parlor - The most popular ice cream in Costa Rica

The Property is located in Quepos on Costa Rica’s pacific coast, neighboring the Manuel Antonio National Park.

Property Overview:

Location Quepos, Manuel Antonio, Costa Rica

Included Assets Main 4-story building / Adjacent Parking Lot (171 sqm)

Keys 44 Hotel Rooms

Food & Beverage (F&B) 1 F&B Outlet Mira Olas Restaurant (all-day dining) ocean View

Spa & Wellness Amenities 37 sqm massage space (3rd party operated)

Meeting & Business Amenities 100 sqm meeting room area

Additional Amenities Inner courtyard pool

Commercial Space Two street-level access commercial areas currently under lease (80 sqm/257 sqm)

Management Owner-operated / Franchise agreement w/ Best Western Hotels & Resorts

Other 3rd party operated and fully licensed casino (Casino license is titled to the Hotel.

Upside Potential:

1) As is, experienced operator with or without the BW flag improves operational efficiencies and cost structures, improving NOI.

2) Significant CAPEX improvements to modernize property and improve KPIs/positioning

3) Building conversion into probably a mixed-use RE play with commercial and short-term residential components

Contact Howard Henzel Nestseekers International for more information.

Amenities

  • Central Air Conditioning
  • Courtyard
  • Elevator
  • Furnished
  • Investment Property
  • Pool
  • Resort
  • Sauna
  • Spa
  • Water view

Contact

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505 Park Ave, New York, NY 10022

Puntarenas Province, Quepos, Costa Rica