Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Commercial Property For Sale. Expansion 26; Development Land By Resort Hotel

LISTING DETAILS
Firms For Sale ID:
10107
Vendor reference:
950822
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$5,000,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
EXPANSION AND DEVELOPMENT LAND ADJACENT TO 48 ROOM HOTEL LAS PALMAS - 1,000 YARDS FROM SEA OF CORTEZ WITH BEST FISHING IN NORTH AMERICA FOR 24;1,000,000 DOWN PAYMENT . . . READ ON21;21;21;Property can be developed as golf park, children92;s playground, bowling alley, movie theater complex, RV rental park, or expansion for the adjoining hotel 96; all with separate access.Adjacent to hotel with only gaming license in town of San Felipe, Mexico, and only Spa in town with thermal, mineral water pools. First 26; only hacienda style hotel in town 96; rustic atmosphere. Carlos Slim is major area owner. Views of Sea of Cortez 26; Sierra Madre Mountains. Hotel website describes water as getting up to 98 degree 96; 93;bathtub temperature94;.THE CAMELS ARE ALL GONE21; YOU ONLY GET THE LAND21; Development land did have 8 camels21; But, with all due respect, owners felt they were 93;stupid94; animals. If they did not use them one day 96; they forgot their training.Best fishing in North America. You can put 2-3 hooks on one line and pick up 2-3 fish at one time 96; mostly white sea bass. In 4 hours 96; caught 1/2 ton of fish21; We are told 93;after fishing there 96; anywhere else is boring21;94; Never starve 96; plenty of food there. Plus 96; in these waters 96; No Pirates21; Adjoining property has reputation as cleanest hotel in town. CostCo delivers what you buy to San Felipe 96; you can shop or order on-line. Purchase terms: 24;5 million price, 20%; down (24;1,000,000), with 24;4 million balance at 6%; with note for 10 years.Purchase is subject to right of first refusal option by owner of hotel business.Location: San Felipe is at north end of Bay of Cortez 96; which separates Baja California from mainland Mexico. (a) Mexicali is 2 hours from San Diego, CA 96; and San Felipe is 2 hours from the Mexicali border. (b) One can go by car via El Centro, rather than Mexicali. (c) There is also a small, private airport near the hotel.For more information, please contact Joe Gertz at (310) 539-8300.