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50-Room Hotel on the Kaew Noi River in Thailand
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| Property Group | Commercial | | Property Type | | | Lotsize | 5.90 acres | | Price | Thai Baht 53,000,000
For Sale |
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| Location | Kanchanaburi | | Nearest City | Kanchanaburi | | Offices | 2 |
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Listing has been viewed 867 times |
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This Hotel is situated on the Kaew Noi River close to Kanchanaburi but on opposite sides. It is situated on 15 rai of land and contains 50 rooms ranging in size from 24 to 48 square meters. Room rates range from 1,400 baht to 4,200 baht and there is an average occupancy rate of 80% year round. Annual revenue is 12 million baht and profits are 6 million baht. There is a pool and restaurant and more than adequate land for major expansion if the new owners desired. The resort is located 30 kilometers from Kanchanaburi and employs 16 people. The business has been operating for eight years and the current owner of both these properties is reaching the stage of her life where she would like to work less and as she has several other business concerns she is interested in this resort. The selling price of this property is 53 million Thai baht. (Ref: TH112/05) |
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