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Hotel For Sale at Phsar Kandal, Phnom Penh

Phsar Kandal 1, Phnom Penh, Cambodia
$7.000.000

Features

  • Air Conditioning
  • Alarm System
  • Balcony
  • City Views
  • Commercial area
  • Equiped Kitchen
  • Fully Furnished
  • Reception services
  • Rooftop Terrace
  • Sky Bar
  • Swimming Pool
  • TV Cable
  • WiFi

Details

A Lucrative Investment Opportunity

Introduction

In the heart of Phnom Penh, Cambodia, lies an incredible investment opportunity – a hotel for sale at Phsar Kandal. With an asking price of $7 million, this property offers a remarkable potential for lucrative returns. This article will guide you through the details and advantages of this property, making it a must-read for investors seeking a foothold in the thriving hospitality industry of Cambodia.

An Overview of the Property

The hotel boasts impressive features:

1. Eight and a Half Floors of Excellence

The hotel stands tall with 8.5 floors, providing ample space for various facilities and guest accommodations.

2. Spacious 65 Bedrooms

With 65 bedrooms, this hotel offers a comfortable and accommodating experience for guests.

3. Ideal Land and Building Size

The land measures 14.5 meters by 28.5 meters, and the building itself occupies 10.5 meters by 28.5 meters. These dimensions are optimal for a thriving hotel business.

4. Fully Furnished

The property comes fully furnished, ensuring a hassle-free transition for any potential buyer.

5. Proven Income

The hotel is currently operating with a monthly income of $2,700, a testament to its financial viability.

6. Impressive Occupancy Rate

At 40%, the hotel maintains a consistent occupancy rate, guaranteeing a steady stream of revenue.

A Closer Look

Let’s delve deeper into the specifics of this remarkable investment opportunity:

The Perfect Location

Situated in Phsar Kanda, the hotel enjoys a prime location in Phnom Penh. It is in close proximity to the city’s major attractions, making it an attractive choice for tourists and travelers.

Room for Expansion

With a total of 65 rooms, there is potential for further expansion and customization. Investors can explore various options to enhance the property’s capacity and offerings.

Thriving Tourism Industry

Cambodia is witnessing a surge in tourism, with a growing number of international and domestic visitors. This hotel is strategically positioned to cater to this increasing demand.

Proven Financial Performance

The hotel’s monthly income of $2,700 showcases its financial stability. Investors can expect a rapid return on investment and consistent profitability.

Furnished to Perfection

The property comes fully furnished, saving investors time and money on setting up the hotel from scratch. This turnkey operation is a significant advantage.

Dedicated Staff

The hotel has an experienced and well-trained staff that contributes to its excellent reputation and high occupancy rate.

Conclusion

Investing in the hotel for sale at Phsar Kanda, Phnom Penh, is an opportunity that promises substantial returns. With its prime location, solid financial performance, and room for expansion, it is an investment that’s worth serious consideration. Don’t miss out on this chance to be a part of Cambodia’s thriving hospitality industry.

Frequently Asked Questions

1. What is the asking price for the hotel in Phsar Kanda, Phnom Penh?

The asking price for this hotel is $7 million.

2. How many floors does the hotel have?

The hotel has 8.5 floors, offering ample space for facilities and guest accommodations.

3. How many bedrooms are there in the hotel?

The hotel boasts 65 spacious bedrooms, ensuring a comfortable stay for guests.

4. What is the current occupancy rate of the hotel?

The hotel maintains an impressive occupancy rate of 40%, guaranteeing a steady stream of revenue.

5. Is the hotel fully furnished?

Yes, the hotel comes fully furnished, making it a turnkey operation for potential buyers.

  • ID: 4908
  • Published: November 7, 2023
  • Last Update: May 28, 2024
  • Views: 984