Hotel for Sale with Income – Makati City

Posted on Jul 18, 2018 in 50,000,000-Above, Blog, hotel, income property, luxury properties, Makati City, Sale

HOTEL FOR SALE :

Location :  Makati City, Philippines

Lot Area = 295 square meters

Floor Area = 1500 square meters ( approximate )

Price = Php 165,000,000.00

Details :

Age : 6 year old

Six floors

1^st floor has the lobby and back office

2^nd to 5^th floor consists of 36 guest rooms ( 9 rooms per floor )

6^th floor has the administration office, kitchen / pantry, al fresco resto-bar, and a function room

36 guest rooms

16 units :  23-26m2

16 units :  18m2

4 units   :  17m2

Generator : 220 KVA Genset can energize the whole hotel in  a power outage

All guest rooms, lobby, function room, and office have Samsung inverter split-type

All floors have pumps for water ( water tanks – 1 elevated on the 6^th floor and 1 underground cistern )

25 staff total ( Housekeeping, Bar & Kitchen Staff, Front office, Admin, Maintenance, Security )

If plan is for dorm, more rooms can be built on the 6^th floor and ground floor so from 36 rooms expansion to 48 or to 50 rooms is possible.

Currently tenanted with income of Php 1M monthly ( 6% ROI yearly )

For further details on this investment, please call our office at 8561365 * 09776742094 * 09177954995 * 8041701 * 09175364829.

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Finally, should you have a property for SALE or LEASE, let me know if our office could be of assistance.

Thank you.

robert
Robert G. Sarmiento Properties
PRC REBL # 6569
PRC Lecturer’s License # 0294
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