North Caicos ROYAL REEFS RESORT
Jan and Rowland Hull Anchor Realty Ltd,
Anchor House, Grace Bay,
Providenciales, Turks & Caicos Islands,
British West Indies (649) 242 1714
Anchor House, Grace Bay,
Providenciales, Turks & Caicos Islands,
British West Indies (649) 242 1714
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Double click to edit
The Context
The global economic climate hit the Royal Reefs Resort project last year, leaving this development unfinished. The owners have now the opportunity to sell the project "as is" and are determined to ensure that the project continues. The project is now released onto the open market for sale.
These photos were taken 2008.
The global economic climate hit the Royal Reefs Resort project last year, leaving this development unfinished. The owners have now the opportunity to sell the project "as is" and are determined to ensure that the project continues. The project is now released onto the open market for sale.
These photos were taken 2008.
The Plot
Click on this picture to enlarge_
Click on this picture to enlarge_
The Maths
Sale Price $37.000.000 - "as is"
Build out estimate $90.000.000
Income from hotel unit sales $165.000.000
Sales to date.$32.000.000
Collected income from sale, $16.000.000 invested into project.
Estimated Value of Hotel to new owner after creditors $50.000.000 and when completed.
Sale Price $37.000.000 - "as is"
Build out estimate $90.000.000
Income from hotel unit sales $165.000.000
Sales to date.$32.000.000
Collected income from sale, $16.000.000 invested into project.
Estimated Value of Hotel to new owner after creditors $50.000.000 and when completed.
The Opportunity
Interested and qualified parties are invited to contact Rowland Hull, Anchor Realty to connect with the owners for more details and further discussion.
Interested and qualified parties are invited to contact Rowland Hull, Anchor Realty to connect with the owners for more details and further discussion.
Air Travel Times
Atlanta (ATL) 2:45 Citation V Ultra
Boston (BOS) 3:25 Citation XLS/Excel
Charlotte (CLT)2:40 Citation V Ultra
Dallas (DFW) 3:45 Citation XLS/Excel
Ft. Lauderdale (FLL) 1:30 Citation V Ultra
Houston (IAH) 3:30 Citation XLS/Excel
Los Angeles (LAX) 6:15 Citation Sovereign
London (EGLL) 8:50 Gulfstream V
Miami (MIA)1:30 Citation V Ultra
New York (TEB) 3:10 Citation Excel
Philadelphia (PHL) 3:10 Citation V Ultra
Toronto (CYYZ) 3:40 Citation XLS/Excel
Atlanta (ATL) 2:45 Citation V Ultra
Boston (BOS) 3:25 Citation XLS/Excel
Charlotte (CLT)2:40 Citation V Ultra
Dallas (DFW) 3:45 Citation XLS/Excel
Ft. Lauderdale (FLL) 1:30 Citation V Ultra
Houston (IAH) 3:30 Citation XLS/Excel
Los Angeles (LAX) 6:15 Citation Sovereign
London (EGLL) 8:50 Gulfstream V
Miami (MIA)1:30 Citation V Ultra
New York (TEB) 3:10 Citation Excel
Philadelphia (PHL) 3:10 Citation V Ultra
Toronto (CYYZ) 3:40 Citation XLS/Excel
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