Ocean Front Resort 1031 Exchange

Ensenada, Mexico

  • Asking Price: $7,500,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #212683
  • Established: 1960
  • Employees: 10

Business Description

5 acres of income generating ocean front resort of 26 rental and 12 potential structures/units together with 58 rooms in Ensenada, Mexico. This resort was established in the 1960's and need repairs to bring back its glory. Elderly owner has been running the business semi-absentee in the U.S. with an entrusted and experienced crew in Ensenada. You may be qualified for rentl a 1031 Exchange. Please consult your tax adviser. Projected $0.4M+ cash flow after $0.5M renovation. Being a bio-tech hub and "Napa Valley" of Mexico, Ensenada has much to offer. Catch the robust Mexican real estate growth trend and diversify your portfolio. 8500

Business Details

Primary Business Category: Services - Other Services
Location: Mexico
Metropolitan Area: Ensenada

Company Information

Year Established: 1960
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10

Financial Information

Asking Price: $7,500,000
Seller Financing Available: Yes

Property Information

Reason for selling:


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Business Listed By:

Michael Floorman

Business Team