Real Estate Opportunity, Cabo San Lucas, Baja California Sur, Mexico

Real Estate Opportunity - For Sale by Owner
Las Lomas Suites Hotel, Cabo San Lucas

	The three level building of "Las Lomas Suites" with a covered area of 1,150 m2 ( approximately 12,000 sq. ft.) is located on 890 m2 (approximately 9,000 sq.ft.) lot, west of downtown Cabo San Lucas, Baja California Sur, Mexico. The finished project for this commercial building will include a total of 24 self contained hotel suites with approximately 600 square foot each. At present, on the ground floor the building has a reception area, concierge living quarters ( 400 sq. ft.), general usage room ( 875 sq.ft.) and a small convenience store area, plus access to a 4,000 square foot garden area. On the second floor there are 8 finished self-contained hotel suites with private bathrooms, fully equipped and currently in operation. On the third floor there are three additional finished hotel suites, The remaining five (5) units require only the installation of internal modular walls, windows and accessories (estimated total cost $85,000 US dollars). The forth floor is prepared for the construction of eight (8) additional hotel syle suites. When complete the building will have the total room capacity of this project of 24 units. Sale price, in the current state of construction (70% completed and in operation) is $528,000.00 US dollars. The sale price of $613,000.00 US dollars is for the building with 16 Suites completed. Financing is available with a 50% down-payment.
	Contact Mr. Sergio Rodríguez Reindl Cabo San Lucas, Baja California Sur, Mexico Phone: (624) 143 1066 E-mail: movilsergio@prodigy.net.mx

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Cabo San Lucas, Baja California Sur, Mexico - Last Revision - 20 February 2006 - AAS