Fantastic Botique Hotel Investment In Umalas
Investment price : $1,400 Million USD - Nego
2 Star hotel in Prime location in Bumbak Umalas
Land area: 1000 m2 (10 Are)
Building area: 920 +- m2
Restaurant, Reception, Kitchen
Parking lot - 7 Cars
Electricity- PLN and Generator
Year built: 2014
IMB - Rumah Sewa
Number of rooms: 20 room
Staff Quarters
Freehold - SHM
Annual room rental income: $204,000
Expected full payback period of the project: 6.3 years
The hotel is currently showing 90% occupancy with a room rate of $495 per month.
Hotel needs renovations and room rates can increase to 1000 USD per month.
You should also consider revenue from the restaurant and lounge bar on the 3rd floor, which are not included in the original calculations as the rooftop needs work
Restaurant revenue: $2,000-$3,000 per month
Lounge revenue: $3,000-$5,000 per month
Inquiry to this property
