Description
This 2.79-acre property is strategically located on the Pan-American Highway, one of the busiest and most commercial roads in the region, ensuring excellent visibility and easy access. With 260 feet of frontage, this motel is a unique opportunity for those looking to acquire an already operating business with a complete infrastructure ready to operate.
Just 2.14 miles from the entrance to City Mall and less than 10 minutes from downtown David, the location of this property offers high growth and demand potential.
Motel Features:
- 40 rooms in total: 4 suites with additional space and 36 regular rooms, all designed to offer comfort and privacy to guests.
- Complete facilities: Includes an administrative area with an office for the daily management of the business, an equipped kitchen, and a laundry area to cover the operational needs of the motel.
- Storage and upstairs apartment: Ideal for storing supplies and as additional space for staff or owners.
Exterior infrastructure:
- Essential backup services: The motel has a power plant that guarantees continuous operation in case of power interruptions. In addition, it has a water pump and two reserve tanks with a capacity of 5 thousand liters each (1,320 gallons each), which ensures a constant supply of water for daily operations.
- Water well: As a complement, the property also has its own well, which provides an additional level of water self-sufficiency.
- Security and monitoring: An intelligent monitoring system controls the entrances and exits of clients, providing greater control and security for the business and its guests.
Operating licenses:
- Motel, liquor, and restaurant license: This business has all the necessary licenses to operate legally, which includes the sale of liquor and the operation of a restaurant, offering multiple sources of income.
Growth Potential and Future Value:
- Long-term Investment Value: This property’s prime location in front of the Pan-American Highway ensures a constant flow of customers and high visibility, which guarantees the land’s revaluation over time. Should it be decided to change the use of the lot in the future, this property offers flexibility to become another type of business or commerce due to its size, location, and exposure.
- Modern Construction: Built in 2010, the infrastructure is in excellent condition, meeting current quality and functionality standards.
Current Operation:
- Business in progress: The motel is currently in operation and has a staff of 10 employees operating 24 hours a day, ensuring continuous service for customers. This means that the buyer can take over the business without interruptions or the need for immediate modifications.
This property not only offers an immediate opportunity to generate income with an already established business, but also has a high-value lot thanks to its strategic location in front of the Pan-American Highway. Ideal for investors seeking a consistent return, with the option to diversify in the future if desired.
Follow us on our social media!
Instagram 😉 @prestigepanamarealty
Facebook 🏡 Prestige Panama Realty
Text me on WhatsApp 📲 Wee-Yiong Fung /Real Estate Agent
