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H55 - Hospitality Property - La Fortuna x Monterey - $495,000
NOTE: you can download photos at www.La-Tigra.com/H55/img
H55 - Hospitality Property - La Fortuna x Monterey - $495,000 U$D
This property has been run as a B&B since 2009 and is also rented out as a Vacation Rental or just
a great place for friends to stay when they visit !
The owners house is a beautiful home that has been remodeled and has an open floor plan with beautiful details
The large property has 2 homes, parking area, electric gate, pedestrian gate, tropical gardens with trails, pool, patio, BBQ and cooking station, hammock house, fruit trees, vegetable garden, party
room with tons of storage, an extra bathroom & shower and so much more !
This property is a little piece of paradise just outside of La Fortuna in the countryside. With a main house, guest house, swimming pool, game room, hammock area and tropical gardens, it is move-in ready, and located in a quiet area where most of the neighbors are horses & cows, but amenities are within just a 5 minute drive !!
Area: Foothills Surrounding La Fortuna by Volcano Arenal
Lot Size: 1.16 acre, 50,637 ft²(4,704 m²)
Main House Size: 1,000 ft² (126 m²)
Guesthouse Size: Indoor Area = 304 ft² (28 m²); Outdoor Living Area & Patio= 1,598 ft² (148 m²)
Pool: 384 ft² (37 m²); Pool Patio: 2,397 ft² (224 m²)
Game Room & Bar Area with Bathroom: 361 ft² (35 m²)
Hammock Area: 196 ft² (18.5 m²)
Highlights: Arenal Volcano views, quiet neighborhood, 5 minute drive from a true Tico town
quick access to Highway 4
Business Notes: current operation as B&B generates some $35,000 annual NOI with 80% occ and
Cap rate of 7.0 - There is ample room to do more if you want to get serious about it !!!
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