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20932816
20567475

Upper Palmiste Rd, Saint Louis, LC

Trelleum Real Estate
Listed by Trelleum Real Estate
$11,450,000
577 days on market
Updated 113 days ago

High Cap with Value Add Resort

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 21,000
Keys 29
Cap Rate 9.00%
Year Built 1980
Year Renovated 2018
Buildings 5
Acreage 11.000
Parking Spaces 16 spaces
Parking Per SqFt 0.76
Investment Type Value Add

Hospitality | 9.00% CAP | 29 Keys

Marketing description

Welcome to Green Fig Resort & Spa, a premier Caribbean escape situated on approximately 11 acres (resort on 4 acres with additional 7 expansion potential) , offering breathtaking views of the Piton mountains, the Caribbean Sea, and the charming town below. This recently renovated resort promises a luxurious stay with exceptional amenities and top-rated guest experiences. Financial Highlights: 2023 Revenue: $2.6M 2024 Revenue Forecast: $3.7M 2024 ADR (Average Daily Rate) Forecast: $392 Occupancy Rate: 72% with an 80% forecasted increase Tourism Act Incentives: Beneficial incentives under the local Tourism Act Guest Reviews: 2023 Best of the Best (Top 1%) on TripAdvisor 2022 Traveler's Choice (Top 10%) on TripAdvisor Property Highlights: Rooms: 29 well-appointed rooms Dining: Restaurant with 20 tables Spa: Tranquil space with three treatment tables Pools: Three community pools and four private splash pools Activities: Organized tours and convenient transportation options Location: Just a short walk to Soufriere town and the beautiful local beaches Additional Features: 22kW Solar Electric System: Energy-efficient operations with solar power Staffing: Supported by a team of 25-30 regular employees, ensuring a high level of service at competitive labor rates Growth Potential: Opportunities for value-added development, services and expansion to elevate guest experience and revenue. Explore the beauty of St. Lucia while investing in a top-rated property with robust financials and ample opportunity for growth.

Investment highlights

  • Turn Key
  • Excellent Return
  • Value Add Opportunities
  • Seller Financing Possible

Listing Contacts

Trelleum Real Estate
Listed by Trelleum Real Estate

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