DESCRIPTION: – Four-storey limited-service hotel and it contains 105 guest rooms and 5,250 Sqft freestanding restaurant.
SITE AREA: 2.47 Acres
ZONING: CHY (Highway Corridor Zone).
AGE: 2009
REVENUE (Year End August 31) 2017 : $4,133,273, 2018 : $3,797,606,
2019 : $3,656,648, 2020:$2,356,971, 2021:$1,810592
2022 : $2,877,994
2023 (12 months from Nov 1 to Oct 30 2023) :$3,973,687( Room : $3,822,175 , Rental income: $151,512)
NOI 2018 : $1,559,870, 2019 : $1,462,408
2023(12months) :$1,396,000
LOCATION OVERVIEW
– Located within a major metropolitan area.
– Relatively recent construction and in very good condition.
– Exposure and easy access to Highway .