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Thread: Hostel for Sale

  1. #1
    Newbie
    Join Date
    May 2010
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    9

    Default Hostel for Sale

    Hi all, hostel for sale in Singapore at around beach road. Estimated 104 beds, freehold development. Asking 17.9 mil.

    For more enquiries, please visit www.buysellrentcommercial.com . Or contact JenFoo at 91442238 (R003786B)

    Thank you for viewing

  2. #2
    Newbie
    Join Date
    Apr 2012
    Posts
    174

    Default

    Quote Originally Posted by thecross
    Hi all, hostel for sale in Singapore at around beach road. Estimated 104 beds, freehold development. Asking 17.9 mil.

    For more enquiries, please visit www.buysellrentcommercial.com . Or contact JenFoo at 91442238 (R003786B)

    Thank you for viewing
    To be helpful to the forummers, can share what is the tenure, land size, built-in area, lease expiry etc?

  3. #3
    Senior
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    What is the revenue per bed that they are selling for?

  4. #4
    Newbie
    Join Date
    May 2010
    Posts
    9

    Default Hostel for sale

    Investors are able to receive an estimation of monthly rental of $45k/mth. Presently it is operated (lease 3+3yrs) by an experienced management partner with almost 100% full occupancy monthly.

    www.buysellrentcommercial.com

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