Hotel For Sale in Makati City
San Antonio, Makati
Hotel For Sale in Makati
Located in the heart of bustling Makati, accessible via the city main thoroughfares such as Ayala Avenue, Chino Roces, Jupiter Street. A few minute away to the Central Business and Commercial districts. Ideal haven for local and foreign tourists, transients and visitors. With modern accommodation facility and spacious suites rooms for clients. The rooms are spacious and furnished with a mini bar, safety deposit box, flat screen TV, wifi internet, key card access.
The Hotel features the following: Lobby, front desk counter, Bar, Restaurant, CCTV 24 hour security, all rooms with Air-Condition, and ready to operate.
The Hotel has 2 buildings:
22 rooms, with a Gross Income of P1.7Million per month and a Bank Loan of P13.5Million, 5 story building. Separate asking Price for these Building is P240 Million: (currently rent will start this Sept 2021 for only 10 rooms at P500,000 per month)
52 rooms, with a Gross Income of P2.4Million per month and a Bank Loan of P20Million, 5 story building with basement, 4 cars parking, Separate asking Price for these Building alone is
P432 Million: (currently rent will start this Sept 2021 for all 52 rooms at P1,500,000 per month)
note: Because of the pandemic the Owner agree to reduce the rental price to a New tenant not all room will be use in building A. But the tenant if the business situation gets better, the Tenant agree to rent all rooms. Which will increase the Monthly rental price for more than P2 Million per month for the entire Hotel.
Breakdown details per building:
Lot Area: Building A: 220 sqm Building B: 430 sqm
Total Lot Area: 650 sqm
Floor Area: Building A: 1,200 sqm Building B: 2,160 sqm
Total Floor Area: 3,360 sqm
Total Rooms: 74
Total Asking Price: P672,000,000.00 (for both Buildings A & B)