For sale The premises and business of a hotel ideally located south of Montpellier close to the motorway and business parks. The establishment is perfectly suited to a diverse clientele professionals workers salespeople and business tourists. Main features Useful area 1 000 m2 Total plot 2 579 m2 Capacity 61 rooms spread over 3 levels Recent works 2018 Renovation of facade and parking lots Replacement of joinery Extension of the usable surface area Installation of electric charging stations Current occupancy rate 55 60% Additional information Sale of Walls and Funds Healthy establishment with strong development potential Letter of interest required to receive the complete file and financial data Investment advantages Hotel operational immediately usable Strategic location near Montpellier direct motorway access Diverse clientele business workers local tourism Secure investment with the possibility of optimizing returns Financial projections estimates 1. Property dealers Resale by unit Scenario transformation into a service residence or coliving resale in lots Montpellier South market price 3 000 3 800 m2 Potential resale value between 3 million and 3.8 million Gross margin 15 to 35% after work and marketing 2. Investors Long Term Rental Hotel operated 61 rooms Average long stay rent 450 550 month room Estimated annual rental income ... Estimated gross yield 12 15% 3. Investors Short Term Rental Hotel Operation Average price night 55 70 Current occupancy rate 55 60% potential 70% with optimization Estimated annual rental income ... Estimated gross yield 27 35% Location Near Montpellier South H rault 34 Selling price 2 600 000 net seller 5% agency fees excluding tax payable by the purchaser Ad reference P Ideal for hotel investors property dealers operators of student residences coliving or tourist residences. Services No information available
