Price: 2,000,000 PHP
This is a motel for sale with 15+ bedrooms and 15+ bathrooms. This property has the following features:
Furnished,
Appliances,
Pool,
Cable TV,
Internet,
Laundry Room,
Office Room,
Parking,
Garden.
The price of this real estate is: 2,000,000 PHP.
Rush Sale - Owner of 13 years can no longer manage business due to age and health concerns. Originally priced at $100,620 USD. Reduced to only $46,800.
Hotel:
24 Rooms (21 standard + 3 family)
Occupancy Rate approximately 70%
Room rates range from $23 to $35 per night.
WIFI,cable, aircon, hotwater available in each room
Swimming Pool
Large Garden Area
Van Included in Sale (Used for airport pick up and transportation to Field Ave, Angeles City Night life district, 5 mins away)
Restaurant:
Outdoor Restaurant near pool and garden area.
Capacity - 40 persons (plenty of room for expansion and parties in the garden and pool area)
Profit Margin is around 30%
Bar / Nightclub:
Capacity - approx 50 people
Hurry today - will sell before end of February
Monthly lease - $2,240 USD (2.5 years left on lease with option for 5) Owner of land will negotiate additional terms.
Property Details
Location |
Angeles City, PH |
Property type |
Motel for Sale |
Number of Bedrooms |
15+ |
Number of Bathrooms |
15+ |
Date Posted |
2011-11-13 09:08:14 |
Last Changed |
2012-02-17 00:00:00 |
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