Description
Time for something a little different? This excellent investment opportunity is on the market on the growing island of Great Abaco and is only a few minutes from the international airport. A very successful bonefish lodge is located a few doors down north on the coast. The sunsets over the Abaco Marls are breathtaking, and the location is unlike any other you have seen. Join in the success story that is The Abacos, the poster child of the Bahamas. This offering includes a collection of well-built concrete structures totaling 8,000 SF of Leasable Area on a 1.16-acre parcel of land. The land has great elevation allowing for the stunning views of the bay and features 109 feet of waterfront and 102 feet on the highway with a 580 foot run down the sides. The main building contains a 675 SF restaurant space, plus 1100 SF covered outdoor dining, a 300 SF reception office, and 6 spacious hotel suites with generous bathrooms and 10-foot ceilings. Additional improvements to the property include the waterside pavilion bar with a conch salad stand as well as 5 detached cottages used as 1 bedroom rentals and a bathroom building. The main hotel building is enhanced by a wonderful concrete swimming pool. A large section of the middle of the property has been cleared and graded and is ready for expansion and additional improvements. The astute offering is rounded out with the blue concrete 4-plex apartment building near the SC Bootle Highway. This apartment building contains three 1-bdrm apartments and 2-bdrm apartments. The revenue potential of this property remains untapped - it is waiting for a savvy entrepreneur to realize its full potential. Call or click today to find out more about this truly unique opportunity.
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$ 2,500,000
$ 13,421
- Total interest:$ 2,331,395
- Total loan value:$ 4,831,395
- Payment:Monthly
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