44 Bed Commercial For Sale

San Jose, San Jose
$2,150,000 MLS ID: CR251037799

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Location: San Jose, Costa Rica

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)
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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.

MLSID
CR251037799
Price
$2,150,000
Status
Available
Property Type
Commercial
Beds
44
Baths
44
Internal area
1800 Square metres
LOT Area (SQ M)
1600
Acres
0.4
Additional Features
Unfurnished

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