Cap Rate: 12.76%
Building Size: 10,012 SF
Full Restaurant: 60 Seats, 35 Bar Seats, 60 Courtyard Seats
Hotel: 10 Guest Rooms with Private Baths
Yearly Occupancy: 64%
This is a unique opportunity to own a high performing restaurant/hotel operation with upside potential.
For the Owner/Operator: With a successful business as the foundation from which to build, this is the perfect opportunity to own a restaurant/hotel. Increase revenue, build your brand and continue the successful tradition.
For the Investor: With excellent cash flow and strong returns, this property offers the potential to deliver year-over-year returns at increasing rates. With cosmetic renovations there is the potential to substantially increase returns.