1,000.0 Sqm 21 Room Hotel For Sale

Investment price : $1,700 Million USD 

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