The Bohemian Sosua
XXXX,
Dominican Republic, 57000
 
$675,000
Offering Price
8
Number of Units
$84,375
Price Per Unit
Suburban
Zoning Type
6.81%
Cap Rate
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$675,000
Offering Price
8
Number of Units
$84,375
Price Per Unit
Suburban
Zoning Type
6.81%
Cap Rate
Ran as AirBnB
Units breakdown: -5 Total Units with 1 bedroom / 1 bathroom -3 Total Units with 2 bedroom / 2 bathroom
Whether you're in town for a weekend getaway or a month-long business trip, our units have everything you need to make your stay as comfortable and enjoyable as possible. Please note that although there is 8 units total, unit #7 is currently rented as a long term unit and is not available on Airbnb.
Each unit has been carefully designed with comfort in mind, featuring stylish and modern furnishings that create a cozy and inviting atmosphere. You'll find that every detail has been thoughtfully considered, from the plush bedding to the fully equipped kitchen that allows you to prepare your favorite meals just like you would at home.
Renovation
Spent around $20,000 USD for the pool. Around $10,000 USD per unit for updates. These updates includes: -Paint interior and exterior -Shower glass doors for all bathrooms -New toilets & sinks -Replace/repair tile floors where needed for all units (Apartment #2 have complete new floors) -Updated lights, fixtures, appliances, tvs, curtains, furniture -Decorations -Landscape -Outfit all units for AirBnB ready (linens, towels, household goods, cookware etc...) -Repair all AC units
Location
Located approximately 5 miles (8.4 km) from the Gregorio Luperón International Airport in San Felipe de Puerto Plata. The property is in the heart of downtown Sosua, making it a a short walk to beaches, dining, groceries, and shopping.
This quaint enclave in the Dominican Republic has a rich history as a haven for Jewish refugees, and the area is peppered with historic sites and synagogues that offer unique perspectives on Sosua's postwar identity. In addition to its cultural significance, Sosua is also home to a vibrant community of ex-pats who contribute to the lively and cosmopolitan nightlife scene.
In short, Sosua is a multifaceted gem of a destination that offers something for everyone. From the breathtaking natural beauty of its underwater world to its rich cultural heritage and exciting nightlife, this beach town is sure to leave a lasting impression on visitors from all walks of life.
FOR MORE DETAILS CONTACT
Jim Pryor
Managing Partner
(704) 620-8745
jim@ardorcre.com
NC 300373 SC 105555
Thomas Lewis
Multi-Family Advisor
(980) 347-9229
tlewis@ardorcre.com
339469
Jack McDermott
Multi-Family Advisor
(704) 420-4031
jmcdermott@ardorcre.com
NC#322616
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