Investment in a boutique hotel with a 12% return
$4,250,000
Queen Tamar Avenue, Tbilisi, Tbilisi 0112, Georgia
For Sale
Hotel
Full Service
Active
Last Updated: 10/01/2025
1,966 sqm
Building Size
515 sqm
Lot Area
Details:
Building Size: 1,966 sqm
Lot Area: 515 sqm
Keys: 39
Management: Unencumbered
Price Per Unit: $65,000
Year Built: 2018
Average Room Size: 24 sqm
ADR: $157
Star Rating: 4
Floors: 9
Seller Financing: No
Opportunity Zone: Yes
Freight Elevator: Yes
Number of Elevators: 2
Leed Certitified: Yes
CeilingHeight: 3
Investment Strategy: Core
Description:
An operating 4-star boutique hotel in the center of Tbilisi (the capital of Georgia).
Rated 9+ on booking.com, designer finishes, high occupancy rate.
Key project parameters:
Location: central Tbilisi, close to key business and tourist locations.
Number of rooms: 39.
ROI: 10% - 12%.
Management: professional management company
Potential: increase in ADR, possibility of rebranding under an international brand
Upon request, we will provide:
Financial model
Detailed presentation
Access to the data room
(after signing an NDA)
Location
Gallery
