High Occupancy Serviced Apartment Building and Hotel for Sale in Rayong Listing No. 066-53-01-001
· Features: The serviced apartment building and hotel is located in the city of Rayong, Thailand. It is for freehold sale. The building has 6 levels and all levels are serviced by 2 elevators (Kone). The building was built in 2007. There are 110 rooms in total plus 7 retail shops in the front of the building. The owner only recently renovated 42 of the long-stay rooms into hotel rooms now suitable for daily rental. Most of the rooms are rented on a monthly basis. The occupancy for monthly rentals is typically between 85% and 95% as the owner provides a cleaning service once a week for the tenants. The building is very well maintained, clean, new-looking, and tidy and there is free wifi throughout and ample parking for 30 cars around the building. The land size is around 1,456m2 with usable area around 6,000m2. The top 2 levels of the building are used for the hotel rooms which are decorated in various styles. There are 29 standard rooms, 5 deluxe rooms, 8 suite rooms, 1 duplex penthouse and 67 monthly-rent studio rooms. Every room has its own toilet/shower, balcony, TV, bed, mattress and similar standard inclusions. An antenna is mounted on the rooftop and provides for THB 237,600 extra per annum. The building is located near a baht bus route and serviced by taxis. Nearby, there are government offices, the beach, a community mall, the bus terminal, convenience stores and the Map Tha Phut Industrial Estate is 10 km away. Ideal stable income with the security of property ownership.
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