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New Hotel For Sale in Mecca, Makkah, Saudi Arabia

*** Saudi Arabia Real Estate, Makkah Real Estate, Mecca Real Estate: Hotels for Sale
A life time opportunity for serious investor only. A hotel that is part of a mix-used building with its own lobby, (9) elevators, restraunt and entrance. The hotel consists of (287) units: (168) owned by the hotel and (119) are owned by coop tenants. Area: 7,308 sqm LOI from major Hotel companies expressing interest in managing the hotel along with financial projections for next (3) years. Contact - More Information Mohammed Al Nashwan Phones:+966552115000 (Sat- Wed: 9:00 -18:00,Thu:9:00- 14:00 HRS (GMT+3) ) +9666977229 (Sat- Wed: 9:00 -18:00,Thu:9:00- 14:00 HRS (...
*** Hotel for Sale Price: 118,000,000 USD

A Brand New Hotel With View Of The Red Sea In Jeddah

*** Saudi Arabia Real Estate, Makkah Real Estate, Jeddah Real Estate: Hotels for Sale
An iconic structure on Jeddah's prestigious North corniche. A hotel with all-suites/all-apartments concepts. The hotel occupies the Northern Tower of the Building, with its own parking, entrance, back office, laundry, restraunts and meeting rooms. Income projection and feasibility study are available at HARTT Hotel Consulting. 80% of rooms are ready for outfitting, while other 20% will be handed over in few months. Financial indicators based on (175) units are: Initial Occupancy Rate:57%, Stabilization Occupancy Rate:75%, Weighted average room rate for Y1:US$133, Expected GOP is 56%, I...
*** Hotel for Sale Price: 42,000,000 USD

A Brand New Hotel With Views Of The Red Sea In Jeddah

*** Saudi Arabia Real Estate, Makkah Real Estate, Jiddah Real Estate: Hotels for Sale
An iconic structure on Jeddah's prestifious North Corniche. A hotel with all-suites/all-apartments concept. The hotel occupoes the Northern Tower of the building, with its oen parking, entrance, lobby, elevators, back offices, laundry, restraunt and meeting room. Income projections and feasibility study are available at HARTT Hotel Consulting. 80% of rooms are resdy for outfitting, while other 20% will be handled over in fewe months. Financial indicators based on (175) units are: Initial Occupancy Rate:57%, Stabilization Occupacy Rate:75%, Weighted average room rate for: US$133, Expect...
*** Hotel for Sale Price: 42,000,000 USD



More Regional Real Estate Listings from Saudi Arabia: Al Bahah, Al Hudud ash Shamaliyah, Al Jawf, Al Madinah, Al Qasim, Al Qurayyat, Ar Riyad, Ash Sharqiyah, Ha'il, Jizan, Makkah, Najran, Tabuk

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