Richly designed, beautifully detailed will be Kingston's first Extended Stay Corporate Hotel which is now under construction, 'The R Hotel'. Located on Renfrew Road in the heart of Kingston's business district will offer real estate investors the opportunity to earn a passive income by purchasing a room that in turn will be placed in a managed rental pool. The projected annual return of 7%-7.54% was calculated by analyzing the hotel occupancy level history of existing New Kingston hotels in relation to ever increasing demand for longer hotel stays. This Deluxe Room of 334 sq.ft., for US$139,700, includes all furnishings for room. Estimated monthly maintenance for room stands at US$143.00 per month. Hotel amenities include: Roof top restaurant, bar, deck and entertainment area, Gift shop, Art gallery, Fully equipped gym, roof top exercise area and lap pool. Be part of this amazing opportunity, 'The R Hotel'.