Price: 246,000,000 USD
This is a hotel for sale with 15+ bathrooms and 15+ bedrooms on 100000.00 m2. The area of the land is: 40470.00 m2. The price of this real estate is: 246,000,000 USD.
5 Star Hotels for Sale 2 Properties, 185 and 299 Rooms. One Is 5 Blocks From Emirates Shopping, Mall the Other Is 1 Block From the Beach.
Both Selling: $246 Mm +3% Usd.
the Four 4 Star Hotel has 299 Keys (There Are Two Blocks of Accomodations, There Is a Hotel Block and Hotel Apartments)
the Occupancy Is Approximately 90%
the Net Operating Income Is Approximately $7,500,000
the Cap Rate Is 8%
Hotel Opened in 2010 Near Famous Emirae Mall.
There Are 12 Floors Plus a Health Club
the Square Footage of This Hotel Is 234,132
the Hotel Offers a Restaurant, Meeting Rooms & Office Space
the Operator of the Hotel Would Like to Stay On and Manage for the New Owner
the 5 Star Hotel Seems Like a 7 Star, Really
There Are 185 Keys
the Occupancy Rate Is About 90%
the Hotel Is 10 Minutes From the Beach
This Is a Hilton Hotel
the Cap Rate Is Low for Now As the New Operator or Owner of the Hotel Can Activate the Hotel Liquor License Which Is Easy to Do...Approximate Cap Is 5%
Al Barsha
Property Details
Location |
Abu Dhabi, AE |
Property type |
Hotel for Sale |
Number of Bedrooms |
15+ |
Number of Bathrooms |
15+ |
Date Posted |
2009-11-02 02:51:49 |
Last Changed |
2016-07-24 04:19:38 |
Built area |
100000.00 m2 |
Land area |
40470.00 m2 |
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