59 Francisco I. Madero 59, La Posada de Bucerias, Riviera Nayarit, NA (MLS# 32613)

Supplements: Originally this property was built as a 24 room hotel for short-term guests. However it has been reconditioned into a community of sixteen long-term rental units, which function as a boutique hotel, and a private residence as well. Of the sixteen units, all are independent and all have a functioning kitchen or kitchenette. Five units are 2 BR, 2BA apartments, which are large enough for full-time living. Nine units are one bedroom suites, each with a bathroom and kitchen. The other two units are small studios, which are more like a hotel room than a long term rental, but they do have kitchenettes. The upper four units have an ocean view! On top of this there is an office and a commercial space on the premises, a communal kitchen, and communal barbeque area with three barbecues and numerous out door terraces for indoor / outdoor living. The backyard boasts a beautiful pool and palapa area, whereas the front yard has a nice oriental garden and koi pond. Underground there is parking for numerous vehicles, as well as a machine shop and carpentry shop. The property even has its own ATM! As is, this property is a turn-key income producing business with an established repeat-clientele and quite the following. There has even been a song written about the property in Canada! The sellers will turn over a complete client list, website and associated social media and vacation rental accounts. Of course, this property also has potential for dozens of other uses. One of its uses can be long term rental units. The property would also make for a great out-patient rehabilitation center, with to notch hospitals nearby. For this use one would have to add an elevator, which there is a perfect. space left to add one on. The property could also be sudivided by regimen de condominio and be sold off as independent condominiums, with a unique Mexican flair unlike what most of the current new construction has to offer. The owner is open to financing part of the transaction or potentially accepting some property elsewhere.