From: Steven Rich <marketingposi@...>
Subject: [Panama_Small_Business_Development] $1 Million for Casco Viejo 64 room Hotel
To: Panama_Small_Business_Development@yahoogroups.com
Date: Tuesday, May 27, 2008, 2:52 PM

64 room Casco Viejo Hotel with two commercial units on ground floor

For sale for $1 Million. Appraised at $1.2 Million February, 2007.

3 stories with plans for a 4th floor with 20 more rooms.

Five year Historical property tax exoneration.

Land is 650m2

Building is around 2,600m2

Two rented businesses on street level bring in a total of $2,700.

75% Occupancy during the week with 100% Occupancy on weekends.

Concrete construction

Manager and 6 employees

Write to me for photos and financial records after you sign a Non-
Disclosure contract.

Provide me with full name and telephone numbers for the listing
agent to contact you at:

marketingposi@ yahoo.com