Osprey Beach Hotel

Duke Street, Grand Turk
Turks & Caicos

$7,500,000

0
Listing #5215

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Property Type

Resort / Hotel

Bedrooms

27

Year Built

1983

/  Description

Nestled on the powder white sands and crystalline waters of the southwestern shores of Grand Turk, sits the historic and Award-winning Osprey Beach Hotel. Boasting 27 beach front rooms with an on-site restaurant and swimming pool, this is your chance to own one of the few available beachfront boutique hotel opportunities in the Turks and Caicos. Recognized by Fodor’s Choice, Sports Diver Magazine, and Trip Advisor for its food, accommodations and of course, World Class diving; Grand Turk is acclaimed for its beautiful dive sites and world-renowned “wall”, which starts at depths of only 25-30 feet and plunges into the abyss. Visibility often exceeds 100 feet, and there is an amazing variety of marine life and colourful healthy corals and sponge life. The topography of the wall is exciting and being only 1/4 -1/2 mile offshore makes for short, easy boat rides steps from the Hotel. Offered with the Hotel is The Atrium, just a short walk-up Duke Street to the Northeast, this two-story commercial plaza offers additional income generation potential with existing tenants, a full commercial kitchen and six spacious balcony rooms and two small courtyard rooms that can be offered for both long and short-term rental, all over-looking a tropical courtyard. The quintessential mix-use development, providing much needed ‘back of house’ inclusive of office, laundry, and storage to ably run the Hotel operation. All accommodations have a private bathroom with shower, some ocean views are afforded from certain units and of course you are just steps from the beach from anywhere on property. Both buildings come ‘turn-key’ as part of the sale price. Historical financials available upon request to qualified buyers only.

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