50% Share of Boutique Hotel
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- Tourist
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50% Share of Boutique Hotel
Our 7 room boutique hotel is currently rented with guaranteed income of $2300 per month for the next 4.5 years (split with 50% share to Cambodian partner). Income is guaranteed by legal contract! A great hotel, just 18 months old, based just 800m from Pub Street in the quickly developing Sok San Road. Plenty of room for expansion, the 7 rooms, restaurant and pool were stage 1. Imagine the possibilities!
http://www.thebotanicvilla.com
Lease for the whole site is subject to a 13.5 year lease agreement which guarantees equal share of any income for the duration of the legal contract. Full contracts available on request to [email protected].
I'd love to keep my share but unfortunately pressures in Australia mean I must sell soon. Offers over $185,000 welcome!
http://www.thebotanicvilla.com
Lease for the whole site is subject to a 13.5 year lease agreement which guarantees equal share of any income for the duration of the legal contract. Full contracts available on request to [email protected].
I'd love to keep my share but unfortunately pressures in Australia mean I must sell soon. Offers over $185,000 welcome!
Re: 50% Share of Boutique Hotel
Im sure every cambodia ceo member has a spare 185000 dollars to play with especially to buy half of a property with a khmer person they never met.jwoolner72 wrote:Our 7 room boutique hotel is currently rented with guaranteed income of $2300 per month for the next 4.5 years (split with 50% share to Cambodian partner). Income is guaranteed by legal contract! A great hotel, just 18 months old, based just 800m from Pub Street in the quickly developing Sok San Road. Plenty of room for expansion, the 7 rooms, restaurant and pool were stage 1. Imagine the possibilities!
http://www.thebotanicvilla.com
Lease for the whole site is subject to a 13.5 year lease agreement which guarantees equal share of any income for the duration of the legal contract. Full contracts available on request to [email protected].
I'd love to keep my share but unfortunately pressures in Australia mean I must sell soon. Offers over $185,000 welcome!
Re: 50% Share of Boutique Hotel
185000 price divided by 1150/month, your half of income, divided by 12 months in a year is equal to 13.4 years just to make your money back plus you have to pay for other expenses? So you would work for 13 years and 6 months for free.
"i'm the one who has to die, when it's time for me to die, so let me live my life the way i want to"
jimi hendrix
jimi hendrix
Re: 50% Share of Boutique Hotel
This is if the hotel in maxed out for 13 year in a row.beaker wrote:185000 price divided by 1150/month, your half of income, divided by 12 months in a year is equal to 13.4 years just to make your money back plus you have to pay for other expenses? So you would work for 13 years and 6 months for free.
OP added one to many zeros.
- General Mackevili
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Re: RE: Re: 50% Share of Boutique Hotel
Dude, it has "guaranteed" income for 4.5 years, by legal contract!Globies wrote: Im sure every cambodia ceo member has a spare 185000 dollars to play with especially to buy half of a property with a khmer person they never met.
Let's go halves.
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- bolueeleh
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Re: 50% Share of Boutique Hotel
be gentle guys, lets look at it this way, if the business is really good and profitable, poster dun need to look for buyers on this forum
Money is not the problem, the problem is no money
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