SOLD
Owner will stay on as operator (Negotiable) +10% Cap Rate!
Great investment with Endless Opportunities. In a market flooded with small hotels, condominium development and residential vacation rentals – Barefoot truly is one of a kind. It’s beachfront. It’s beautifully updated and maintained. It’s a turnkey business opportunity. All these qualities combined make Barefoot RARE and a Unique Property. And even through some of the most challenging times on record for the hospitality industry, IT’S GROWING AND MAKING MONEY. With tourists anxiously awaiting a return to normality, the North Coast of the DR is priming for a boom, and Barefoot is situated and prepared to reap the benefits.
Barefoot utilizes a hybrid business model which combines the design and amenities of a boutique hotel with the comforts of renting a large beachfront vacation villa. Our business is group events: Corporate functions, Weddings, Bachelor(ette) parties, Family reunions. The truth is that vacationers love all-inclusive food and services but standing on a line with 500 strangers for breakfast is not appealing to most guests these days. At Barefoot, a group can enjoy all-inclusive services, customized dining options, help with excursions and transportation, all from the comfort and SAFETY of an exclusive beachfront oasis.
Over 40K in furniture and appliances included.
