Pre-leased Hotel for Sale (Investment Based Opportunity)
This is Under-Construction hotel of 96 rooms in prime location of Greater Noida. Project is in final stages of construction. It is a Pre-leased property to a leading hospitality group(agreement recently signed).
Construction: Newly Built (with Complete Approvals), will be operational in few months;
Project Details: It's a huge project which involves Hotel, Mall, Commercial/IT Space(Offices), Studio Apartments, Club etc.;
Location: Best Possible Location of NCR. This is in Commercial Hub of Greater Noida(Knowledge Park), extremely near to Pari Chowk. Hotel is in good vicinity of IIT Roorkee Campus. There is close proximity to good number of leading MNCs/Business Houses;
Monthly Rent: 17.6 lacs;
Security Deposit: 6 Months Rent(will be provided to buyer at time of Possession);
Possession: June 2012(12% Assured ROI till Possession);
Rent Increment: 10% increase after every 3 yrs;
Lease Period: 30 yrs(Long-term Lease);
Lockin: 30 yrs.(Good Number of years in Lockin is major plus point in hospitality deals);
Asking: 26.5 Cr.Only(Non-Negotiable). Expected Valuation of this property is above 30 Cr.
Expected Return for Investor: Value for investment is assured. This property is available at impressive return of 8%. Pre-rented Hotels are usually sold at 4 to 7%. According to current Market Scenario, Value of Hotel properties increase at much faster rate than typical commercial properties. As per valuation, Buyer(Owner) can expect to sell this property at exceedingly good profit margin of 12-15 Cr. within 3 yrs time frame.
Let us know if you have any requirement. Please feel free to call me at 9873817152 or simply leave an email at email@example.com.
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