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Expansion & Development Land  for sale

Expansion & Development Land by Resort Hotel

Location: San Felipe, México

Category: Real Estate Businesses for sale

Asking price: $5,000,000.00

Description of the business for sale
EXPANSION AND DEVELOPMENT LAND ADJACENT TO 48 ROOM HOTEL LAS PALMAS - 1,000 YARDS FROM SEA OF CORTEZ WITH BEST FISHING IN NORTH AMERICA FOR $1,000,000 DOWN PAYMENT . . . READ ON!!!

Property can be developed as golf park, children’s playground, bowling alley, movie theater complex, RV rental park, or expansion for the adjoining hotel – all with separate access.

Adjacent to hotel with only gaming license in town of San Felipe, Mexico, and only Spa in town with thermal, mineral water pools. First & only hacienda style hotel in town – rustic atmosphere. Carlos Slim is major area owner. Views of Sea of Cortez & Sierra Madre Mountains. Hotel website describes water as getting up to 98 degree – “bathtub temperature”.

THE CAMELS ARE ALL GONE! YOU ONLY GET THE LAND! Development land did have 8 camels! But, with all due respect, owners felt they were “stupid” animals. If they did not use them one day – they forgot their training.

Best fishing in North America. You can put 2-3 hooks on one line and pick up 2-3 fish at one time – mostly white sea bass. In 4 hours – caught 1/2 ton of fish! We are told “after fishing there – anywhere else is boring!” Never starve – plenty of food there. Plus – in these waters – No Pirates!

Adjoining property has reputation as cleanest hotel in town.

CostCo delivers what you buy to San Felipe – you can shop or order on-line.

Purchase terms: $5 million price, 20% down ($1,000,000), with $4 million balance at 6%

  • By phone: 310-539-8300
  • Ask for: Joe Gertz

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Business details

Business Team
Torrance, CA
Broker Co-op? yes

Listing Id: 91754
Reference Id: 2908
Year established: 1984
Employees: 0

Asking Price: $5,000,000.00
Revenue: Call/Email
Annual Net: Call/Email
Down Payment: $1,000,000.00

Business Type:
Non Relocatable Business

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