Negril, Jamaica Direct Oceanfront Resort  (ID: 78340)


Price: USD 11,000,000
Type: Hotels Over 100 Rooms
Location: Negril, Jamaica
Year Built: 1995
Lot: 140000 SF

Fabulous, Oceanfront Resort. 290' of Direct Beachfront, 109 Units, 38 Unit Expansion Approved. Largest Independent Resort in Negril. $3.6m in Revenue. $1.1m in Noi. Very Well Established.

Fabulous, oceanfront resort. Very well established. Largest independent resort in Negril, Jamaica. 290' of direct beach frontage on 3.42 acres. 109 units including 33 suites. Built in 1995, 1997 and 40 units added in 2015. Expansion plans approved for 38 units. 145 seat seaside restaurant and bar. 80 seat beach bar and grill. Revenue of $3.6M, Net Income of $1.1M. US owner, selling for estate planning purposes. Great upside potential.

Property Highlights

  • 290' Direct beachfront
  • Very well established independent resort
  • Best beach in all of Jamaica
  • Great income. 10% cap
  • Great upside potential with marketing
  • 38 unit expansion approved

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Location: Jamaica | Negril