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$ 2,150,000
Est. payment | /mo
44 Beds
44 Baths
19,375 SqFt
$ 2,150,000
Est. payment | /mo
44 Beds
44 Baths
19,375 SqFt
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
Land Area 1800
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
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "