80+ Key Tourist Hotel on Phuket in Top Location
Patong Beach, Patong, Kathu District Thailand
For Sale
Hotel
Resort
$9,995,000
Price
7.25%
Cap Rate
3
Star Rating
Overview
Cap Rate
7.25%
Star Rating
3
Management
Unencumbered
Floors
7
Keys
83
Year Built
2012
Description
The building on Patong's main road is this 6 story, 83 units building. It has an impressive roof top terrace & pool with amazing views across Patong Bay. Located adjacent to Hooters and Hard Rock Cafe, and in 5 minutes walking distance to Patong Beach.
Highlights
- Center of Patong Beach tourism hotspot
- Adjacent to Hard Rock Cafe & Hooters Patong
- Consistently high occupancy & high ROI
- EBITDA 7.25%
- Freehold property
- Underground car park