Building with 20 apartments is for sale, it can be easily converted to a hotel or 15 studio units can be added, any option in 4 weeks!!!
OPTION A [as is] (20 rental units) – ROI 12 years
1 bedroom + living room with kitchen niche (20 units)
[Turkish Bath in every room, heated floors]
Note: For 20 units the as is price is 600.000$ & 50.000$ for the furniture
OPTION B (20 apartments+15 rental studios) – ROI 10 years
7 studio rooms on the roof (after the explotation)
4 studios in the entrance floor + 4 units in the basement (after the explotation)
Note: For 35 units the price is 650.000 unfurnished and 50.000$ for the furniture
OPTION C (20 apart hotel + 7 studio hotel rooms+ Lobby + Cafe + Fitness + SPA) – ROI 5 years
Fitness and SPA center in the basement floor
2 stores converted into reception and restaurant at the entrance floor
Note: For the hotel the furnished turn-key price is 850.000$
General Amenities:
10 person lift
Can be sold furnished too (Add 50K$ on top for the whole furniture and appliances; two single beds, wardrobe, couch, tv unit, fridge, dishwasher, washing machine, tv, etc.)
Features:
- Freehold Price: $600,000 (USD)
- Lease Asking Price: On request (USD)
- Sales Revenue: $120,000 (USD)
- Cash Flow: $100,000 (USD)
