Hotel Assets for Sale in Kuala Lumpur, Malaysia

Sale of real estate property in prime location in Bukit Bintang, Kuala Lumpur.
This Business is on a Premium Plan
Ownership Duration
Industries
Locations
Local Time
12:44 PM Malaysia
Listed By
Advisor / Business Broker
Status
Active
Overall Rating
Asset Sale
Asking Price: USD 8 million (Native Currency: MYR 35,000,000)
Reason: The existing hotel business does not strategically compliment the core business of our client.
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Assets Description

- Basement of 229 square meter (2,464 square feet), tenanted to a massage parlor business for RM 15,000 per month with another 2 years contract term.

- Ground Floor of 229 square meter (2,464 square feet) with a reception and cafeteria.

- Mezzanine Floor of 150 square meter (1,614 square feet) with 4 bedrooms (2 of the room is used for administration purpose)

- 1st Floor to 6th Floor are 224 square meter (2,464 square feet) with 12 bedrooms per floor amounting to a total of 72 rooms.

- Total built-up area of the entire property is 1,982 square meter (21,334 square feet) and a total of 74 rooms.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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