State Road PR-307 Km. 7.4

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Address: PR-307, Boquerón, Cabo Rojo 00622, Puerto Rico
Created date: February 28, 2024
Date last updated: June 17, 2024
  • Operating 33 room motel and 10 two-bedroom apartments
  • GBA: Approx. 17,133 SF
  • Site area: Approx. 15,800 SM
  • Amenities include a pool and a gazebo area
  • Parking: Approximately 32 parking stalls and open areas for additional parking
  • Property tax id: 356-082-248-23-901, 356-072-972-81-004, 356-072-972-80-000 & 356-072-972-79-000
  • Zoning: RT-A (high-density residential touristic) & RT-I (intermediate residential touristic)
  • Flood: X (non-floodable area)
  • Coordinates: 18.0369823, -67.1802299
  • Seller Financing: Subject to negotiation

Property Description

Don't miss this excellent opportunity! ChatGPT Nestled in the renowned Boqueron ward of Cabo Rojo, this delightful property features the Vistas de la Bahía motel, a limited-service lodging facility with 33 rooms, alongside 10 two-bedroom apartments, a lobby/reception area, and two pools. The property includes three concrete and concrete block structures with ample parking. Conveniently located at State Road PR-307, Km 7.4, it is just steps away from popular restaurants and vibrant nightlife spots in El Poblado de Boquerón, and a short drive to the beach. The immediate neighborhood is a tourist hotspot known for its beautiful beaches, rich wildlife, Boquerón Poblado, the Boquerón Nautical Club, and the Boquerón Bay Marina. The area also features single-family homes and supports various small businesses, including restaurants, bakeries, hostels, boat rentals, bars, hardware stores, and car repair shops. Puerto Rico’s tourism industry has seen record-high occupancy rates and average daily rates (ADRs) in the past year. Combined with aggressive government tourism incentives and tax credit programs, this property presents an excellent investment opportunity with significant growth potential. Don’t miss out on this incredible opportunity!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Hospitality
Price: $3,600,000
Opportunity Zone: No
Property Website Click Here
Address: PR-307, Boquerón, Cabo Rojo 00622, Puerto Rico
Provided by:

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