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$ 2,150,000
Est. payment /mo
Active
, Carmen, San Jose, San Jose San Jose, SanJose 10101
44 Beds
44 Baths
19,375 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,375 sqft
Price per Sqft $110
Subdivision Carmen
MLS Listing ID CR251037799
Bedrooms 44
Full Baths 44
Lot Size 0.395 Acres
Acres 0.4
Property Description
Hotel Rincón de San José – 3 Stars, 44 Rooms
Prime Location
- 400 meters from Parque España and the National Culture Center
- In the cultural and historic heart of San José
Property Features
- 44 guestrooms, each with private bathroom
- On-site restaurant and common areas
- Walking distance to museums, theaters, government offices, and cultural attractions
- Well-established reputation, popular across multiple segments including historical wholesale contracts, retail travelers, and strong walk-in business (tourists, business visitors, and groups)
-
Lease Structure
- Commercial lease in place with established operator
- Provides secure, stable rental income
- Opportunity for future repositioning to maximize long-term value
Accessibility
- 10 km from Tobías Bolaños Airport
Financial Highlights
- Sales Price: USD 2,150,000
- Annual Rental Income: USD 210,000
- Monthly Rental Income: USD 17,500
- Cap Rate / ROI: 10%
- Investment Type: Real estate asset with active lease, generating immediate cash flow
Summary
This offering represents a turnkey investment opportunity: acquire a centrally located San José hotel with a lease in place, delivering secure income and high ROI. The property benefits from its prime location, diverse market reach (wholesale, retail, and walk-ins), and proven long-term demand, ensuring stable performance and strong appreciation potential.
Prime Location
- 400 meters from Parque España and the National Culture Center
- In the cultural and historic heart of San José
Property Features
- 44 guestrooms, each with private bathroom
- On-site restaurant and common areas
- Walking distance to museums, theaters, government offices, and cultural attractions
- Well-established reputation, popular across multiple segments including historical wholesale contracts, retail travelers, and strong walk-in business (tourists, business visitors, and groups)
-
Lease Structure
- Commercial lease in place with established operator
- Provides secure, stable rental income
- Opportunity for future repositioning to maximize long-term value
Accessibility
- 10 km from Tobías Bolaños Airport
Financial Highlights
- Sales Price: USD 2,150,000
- Annual Rental Income: USD 210,000
- Monthly Rental Income: USD 17,500
- Cap Rate / ROI: 10%
- Investment Type: Real estate asset with active lease, generating immediate cash flow
Summary
This offering represents a turnkey investment opportunity: acquire a centrally located San José hotel with a lease in place, delivering secure income and high ROI. The property benefits from its prime location, diverse market reach (wholesale, retail, and walk-ins), and proven long-term demand, ensuring stable performance and strong appreciation potential.
Location
State SanJose
County San Jose
Interior
Furnishings Unfurnished
Fireplace No
Building
New Construction No
Others
Pets Allowed No
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