HOTEL SUITES LA SIESTA

Operating hotel in downtown Puerto Vallarta, steps from the Malecón and Playa Los Muertos, offered as a repositioning or vertical development asset.

The 11-level building has 4,201 m² of construction on a 1,094 m² lot. The ground floor holds the lobby, pool and parking (504 m², about 30 spaces). Levels 1–6 contain 22 guest suites; level 7 is a panoramic restaurant, level 8 commercial kitchens, level 9 an open terrace and level 10 an events rooftop. It has an elevator and a structure ready for upgrades.

Sold with direct title, free of liens, with all operating licenses current. The hotel is still operating, producing rooms, food & beverage and event revenue during the transition.

Value-add opportunity: the current average daily rate is MXN $1,120 with 35% average occupancy, versus 60–75% for competitors, and the restaurant and rooftop are underused. Suited to a hotel brand, a FIBRA portfolio, an investment fund or a full redevelopment.

Open to offers. The seller will consider all-cash, seller financing, a joint venture or a sale-leaseback, and aims to close within 6 months. Qualified buyers get priority access to due diligence materials.