Property Listing No Longer Available for Sale

San Pedro Town Ambergris Caye

Belize, MN

Bed Breakfast for Sale - $1,300,000 - 5,000 Sq. Ft. on 0.25 acres


Property Info

CIMLS#996185
Location
  San Pedro Town Ambergris Caye
  Belize MN 00000
UpdatedAugust 30th, 2018
TypeBed Breakfast
Price$1,300,000
Building5,000 Sq. Ft.
Land0.25 acres

Property Description

13% CAP rate!

Listing site: https://buildout.com/website/328777-sale

Turn-key boutique resort with 4 cabanas, coffee shop and spacious home currently configured as the owner's apartment and two income producing rental suites. A fifth cabana is currently used as an office but can easily be transformed into additional rental unit. This profitable business is a consistently top rated Ambergris Caye Island establishment. Only steps from the beach and aquamarine Caribbean Sea, this bed and breakfast offers an on-site coffee/smoothie shop and bakery, along with a dipping pool and daily maid service. Kitchen staff, housekeeping and security guard will stay on board and work for new owner. All business licenses, trade name and corporate registration, bank account numbers in addition to 2 golf carts included in the purchase price. The two parcels of land total 0.25 acres and buyer will receive title absolute.

Cabanas feature elegant decor, custom tile, Belizean hardwood ceilings, luxury bathroom amenities and air conditioning. One of the few Belizean properties build to North American standards. The owner's home is located on the same property adjacent to the business. The 2,600 sf home includes an upstairs apartment (owner's suite) with 2 bedrooms and 2 bathrooms along with 2 downstairs suites with a 2 bedroom, 1 bath unit; and a 1 bedroom, 1 bath unit. All units come dully furnished and are freshly painted. The master suite features a brand new A/C unit and newly refinished master bathroom with custom tile.


Financials