Hotel with land next to Night Market!

$1,970,000

Property Description

An opportunity to purchase a turnkey hotel including land in a prime tourist location!

This 12 room boutique hotel is situated directly opposite the Phnom Penh night market and a stone’s throw away from the Tonle Sap river. With many tour bus companies operating in the same area an well established business such as Fish restaurant, Titantic and Amara Spa, this hotel is set in a location set to capture on the growth of Phnom Penh.

As the current owners are mostly overseas, the hotel virtually operates by itself with locally trained staff achieving an average occupancy rate of 60% ($50/night) through established online and offline marketing channels.

With an active partner, this hotel can capture on its location and stylish design to achieve higher occupancy rates. The ground floor also has space for a cafe or restaurant to further increase revenue. The sale includes the business operations and assets, land of 4m x 27m, 1st floor title of 12m x 27m and 2nd (top) floor title of 12m x 27m.

There is also the opportunity to develop further floors above for the active investor.

See the location

Let your friends know!

Share