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