Owner will stay on as operator (Negotiable) +10% Cap Rate!
This is a unique property. In a market flooded with small hotels, condominium development and residential vacation rentals – Barefoot truly is one of a kind. It’s beachfront. It’s beautifully updated and maintained. It’s a turnkey business opportunity. All these qualities combined make Barefoot RARE. And even through some of the most challenging times on record for the hospitality industry, IT’S GROWING AND MAKING MONEY. With tourists anxiously awaiting a return to normality, the North Coast of the DR is priming for a boom, and Barefoot is situated and prepared to reap the benefits.
Barefoot utilizes a hybrid business model which combines the design and amenities of a boutique hotel with the comforts of renting a large beachfront vacation villa. Our business is group events: Corporate functions, Weddings, Bachelor(ette) parties, Family reunions. The truth is that vacationers love all-inclusive food and services but standing on a line with 500 strangers for breakfast is not appealing to most guests these days. At Barefoot, a group can enjoy all-inclusive services, customized dining options, help with excursions and transportation, all from the comfort and SAFETY of an exclusive beachfront oasis.