Hotel For Sale in Runaway Bay, St. Ann USD $4,800,000
JMD $738,768,000 | CAD $6,114,617 | £3,676,926 | €4,278,249

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Great investment property providing the serenity of comfort and tranquility. A lovely hotel which is strategically located along the Runaway Bay Main Road, on the outskirts of the exclusive neighborhood of Cardiff Hall, holds endless possibilities to maximize on the hotel’s significant potential. Over 40 fully furnished rooms (including 10 condos), a spacious, well maintained hot tub and swimming pool sits on this 1.5 acres lot. The hotel provides a level of seclusion for its guests with the desire for relaxation, with access to the private Cardiff Hall beach which is across the street. Down-time due to power outage will certainly not be an issue as the hotel is fully equipped with generators which will ensure the on-going operation of the business. The hotel has over the years expanded and has grown its clientele through its 3 massive banquet halls. The amass of wealth these banquet halls possess from such an investment, has the potential of surpassing revenues generated from the hotel itself based on the frequent usage of these halls by its clients. Its wide clientele ranges from Government entities right down to walking down the aisle on your special day. All of this can be yours as it has a name that speaks for itself and has built its reputation in and around its environs. Call today to make it yours.

Exterior

  • - Lot Size: 2
  • - Generator
  • - Water Tank
  • - Water Pump
  • - 1.5 acres

Average Property Price in this Area

  • USD $4,800,000 [1]
  • USD $4,150,000 [0]
  • USD $3,500,000 [1]

Location Map

Andrew Duncan (CIPS, RSPS) 876-995-5444 aduncan@remax-elite.com.jm

Contact Agent

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