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2 Hotels in Dubai
Date & Time Listed: 2016-07-24 04:19:38 (GMT)
5 Star Hotels for Sale 2 Properties, 185 and 299 Rooms. One Is 5 Blocks From Emirates Shopping, Mall the Other Is 1 Block From the Beach.
Both Selling: $246 Mm +3% Usd.
the Four 4 Star Hotel has 299 Keys (There Are Two Blocks of Accomodations, There Is a Hotel Block and Hotel Apartments)
the Occupancy Is Approximately 90%
the Net Operating Income Is Approximately $7,500,000
the Cap Rate Is 8%
Hotel Opened in 2010 Near Famous Emirae Mall.
There Are 12 Floors Plus a Health Club
the Square Footage of This Hotel Is 234,132
the Hotel Offers a Restaurant, Meeting Rooms & Office Space
the Operator of the Hotel Would Like to Stay On and Manage for the New Owner
the 5 Star Hotel Seems Like a 7 Star, Really
There Are 185 Keys
the Occupancy Rate Is About 90%
the Hotel Is 10 Minutes From the Beach
This Is a Hilton Hotel
the Cap Rate Is Low for Now As the New Operator or Owner of the Hotel Can Activate the Hotel Liquor License Which Is Easy to Do...Approximate Cap Is 5%
Number of Bedrooms: 15+
Number of Bathrooms: 15+
Price: 246,000,000.00 USD
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