33 Room Hotel in Asoke

Description

Located in the prime Asoke area. Great investment with stable rental income and ready-to-run hotel operations.

Price: (Includes lease rights, deposits & advance rent)

Property Details:

3-unit building, 4 floors + ground floor

Ground Floor: Rented as a restaurant (income 75,000/month)

1st Floor: 6 rooms

2nd–4th Floors: 9 rooms each (total 33 rooms)

Room Types:
• 8 rooms (6-ft bed, 7 with windows)
• 17 rooms (5-ft bed, no windows)
• 8 rooms (3.5-ft bed, 2 with windows)

No elevator, no parking

Income:

Monthly hotel income: 450,000–750,000 THB

Net profit: 120,000–250,000 THB/month (depending on season)

Restaurant rental income:
• 1st year: 75,000/month
• Year 2–4: 82,500/month

Lease Info:

Lease term 1: 1 year left (rent 300,000/month)

Lease term 2: 3 years (rent 330,000/month)

Restaurant lease: Same duration as above

Payment Breakdown:

Building Deposit: 1M THB

Advance Rent: 300,000 THB