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​OM02. 3 Oceanfront Hotels Portfolio, Mexico, Asking Price $120M

Portfolio sale of 3 oceanfront resort hotels
Purchase price of the 3 three hotels are $120,000,000 (USD) plus 3%

These three hotels are a combination of either 4 star or 5 stars

This is a portfolio sale of all three hotels together, hotels cannot be sold separately These are all very full service resorts

All of the three hotels are on the Pacific Ocean side of Mexico

The resorts are in Puerto Escondido, Cabo san Lucas and in Ixtapa

These three hotels come with lots of extra land that the buyer/investor can build more hotel rooms or condominiums or time share units.

The portfolio of the 366 keys of the 3 three oceanfront resorts average 80% year round and the average ADR is $83.00 (USD)

Between the three hotels, the net operating income $14,363,732

The portfolio cap rate 11%

The annual gross $41,039,234.90

Last remodeling 2003

All of the resorts have private beaches

The land value alone is $84,600,000

All authorization land use allows for construction of an approximate 1,000 additional hotel rooms, time shares or full ownership condominiums

More information will be disclosed after signed NDA.

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