USD $ 13,500,000

     JMD $2,137,185,000  |    CAD $19,100,769  |    £10,853,062  |    €12,907,265  |  
  • Property ID MLS-82049
  • Property Type Sale
  • Measurement 52,000 SqFt

Landmark Hotel located on Jimmy Cliff Boulevard directly across from the world famous Doctors Cave Beach (a white sand beach) in Montego Bay. There are 74 rooms, 9x 1 bedroom suites and 3 x 2 bedroom suites. Facilities include a central front desk and concierge reception area, a porte-cochere driveway , 2 restaurants, poolside bar & BBQ area, recreational & private event spaces, fitness center, 8 retail spaces, a swimming pool, lush garden areas and private parking with 2 bus bays. In addition, there are staff accommodations, executive offices and a laundry to complete this offering which shuttered in 2020. The area is centrally located with public transport, hotels, retail stores, restaurants and local attractions nearby. This property spans over 2.5 acres (10,139.6 sq. m) with a frontage of 1345 sq. ft (or 125 sq. m) along this main road known as "The Hip Strip" where the demand for real estate has been growing steadily. There is ample room for hotel expansion, condominiums or other commercial development, if desired. The international airport is minutes away with daily commuter services serving 2.5 million passengers. An incredible investment opportunity !

CLOSE CALCULATOR

MORTGAGE CALCULATOR

  • ARC Mortgage Consultants

    • Monthly Payment: JMD$145,00
    • Interest Rate: 8%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 8.99%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 9.9%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 9.85%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 10.75%
    • Term (yrs.): 35 Years
Disclaimer:

Please note that whilst ALLIED REAL ESTATE COMPANY LIMITED. endeavour to provide accurate information in respect to the mortgage calculator, the use of the same is at your own discretion and risk and ALLIED REAL ESTATE COMPANY LIMITED. does not accept responsibility for any consequences that may arise from your reliance on the respective institutional interest rates and the calculations provided therein. Further, the mortgage calculator is intended for guidance only and you are advised to seek professional specialist advice from your financial or mortgage institution.

Exterior

  • Lot Size (Sq. Ft.): 109,143

Site Influences

  • Fully Sewered
  • Highway Access
  • Level
  • Public Trans. Nearby
  • Shopping Nearby
  • Treed
  • Views
  • Visual exposure
  • See Remarks
  • Shopping Centre

Others

  • Air Conditioning Fully
  • Balconies
  • Cablevision
  • Clubhouse
  • Exercise Centre
  • Fenced
  • Highway Access
  • Lunch Room
  • Playground
  • Pool Outdoor
  • Recreational Centre
  • Shopping Area
  • Security
  • Signs Allowed
  • Store Front
  • Workshop
  • Wheelchair Access

Listing courtesy of: MILLENNIUM PROPERTIES SALES

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