Resort For Sale
Location Thailand
Asking Price Range $1.0M - $2.5M
Gross Revenues $90000
Net Profit / Cash Flow $45000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1990
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Description The future potential for this property is tremendous considering the size of the land, 35 rai, and the proximity to Chiang Mai ƒ_" 48 kilometers. Comprising 19 bungalows and three multi-bedroom houses, this resort has been in operation for 15 years and shows annual profits of 1.8 million baht on revenues of 3.6 million. Average occupancy is 50% and the room rates range from 1,000 ƒ_" 6,500 baht per night. The land is 540 meters above sea level and has beautiful hillside and river views. Total Investment To Own: 120 million Thai baht. For more information, please contact Tom at 01-832-9921 or for Thai language call Khun Ann at 09-155-6966 (Ref: TH121/05)
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