MAK-K1-0009

Property Type: Budget Hotel

Lease/Sale: For sale

Lot Area: 418 sqm

Floor Area: 3,560 sqm

Selling Price: P398,000,000 (VAT inclusive) 

Expense Sharing between the Buyer and Seller:

- Seller (CWT/CGT, broker's commission, and other incidental fees)

- Buyer (Documentary Stamp Tax, IT Fee, Transfer Tax, Registration Fee, and other incidental fees)

Property Description

- 9 floors, 105 units, 216 maximum guest capacity

- Free WiFi Internet, cool A/C, with hot and cold shower, 24/7 front desk, 24-Hour security, with CCTV monitoring system

- Ave. Rental Yield of 8% over 5 years

- Passive Income Generating Property Investment

- Only walking distance to most offices, transport terminals and other commercial establishments

- Professionally Managed Property; Highly skilled and trained Personnel of the developer manages all dormitory buildings in its portfolio

- Current hotel rates is P1,500/night (single occupancy), +500 for additional pax/room/night, and +500 full board meals/pax/day.

- As of 08/19/2021, the hotel is fully tenanted and will be tentatively available again by September 22, 2021.

Disclaimer

- The contents of this website do not form any part of an offer or contract, nor shall any contract be made based on the contents.
- We'll update this list from time to time.
- Almost all properties are our direct listings.
- Prices and availability are subject to change.
- We'll send the complete information upon inquiring.
- We personally checked the properties first before we advertise it.
- It’s our responsibility to assist you in your site visits most especially to the properties we proposed.
- Only the Accredited Real Estate Advisers are allowed to transact on behalf of our group.

For Inquiries: hi.rentcentralphrealty@gmail.com

We pray and hope to have an honest transaction and a better business relationship with you! God bless.