Need help?

Newly Established Serviced Apartment for Sale in Greater Noida, India

Fully furnished studios in Gaur City Centre generating monthly rental income via Airbnb and Oyo.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 32 thousand
EBITDA Margin 30 - 40 %
Industries Serviced Apartments + 1 more
Locations  Greater Noida
Local Time 1:13 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 510 thousand (Native Currency: INR 46,000,000)
Reason: The owner is looking to invest in other ventures.
Includes physical assets worth USD 510 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Located in Greater Noida, this business operates fully furnished studio apartments at Gaur City Centre, appealing to both short-term and long-term renters.
- The property consists of 6 studio rooms rented on a long-term basis to tenants, who primarily list their accommodations on popular platforms like Airbnb and OYO for short-term rentals.
- Revenue generation comes from a long-term lease agreement with tenants, providing a steady income stream without the need for direct involvement in daily operations or property management.
- Tenants have the right to sublet the studios, allowing them flexibility to maximize their earnings while benefiting the owner through stable rent.
- The current lease has 6 months remaining, allowing a new buyer to plan their future operations or investments without immediate commitment.
- Buyers have the potential to operate their own short-term rental business after the lease expires, with a one-month notice period for any changes to the current arrangement.
- Additional amenities like a common swimming pool, gym, badminton court, and restaurant zone enhance the appeal of the serviced apartments to prospective renters.
- Ideal for investors looking for hassle-free income from unique properties in burgeoning markets like Greater Noida, with opportunities for significant growth in the serviced accommodation sector.
Products & Services Overview
6 furnished studio rooms on long-term rental. Tenants sublet it through OYO and Airbnb.
Assets Overview
Tangible assets:
- 6 furnished studio rooms in Gaur City Centre. (~INR 4.3 crore)
- Furnishings such as beds, TVs, and ACs across all rooms are estimated at INR 30 lakh.
Intangible assets:
- 6 lease agreements with current tenants.
Facilities Overview
This is an owned property and the total super area is 3,265 sq. ft.
- Unit 1: Super area is 560 sq. ft. and carpet area is 316 sq. ft.
- Unit 2: Super area is 593 sq. ft. and carpet area is 325 sq. ft.
- Unit 3: Super area is 586 sq. ft. and carpet area is 319 sq. fit.
- Unit 4: Super area is 580 sq. ft. and carpet area is 325 sq. ft.
- Unit 5: Super area is 503 sq. ft. and carpet area is 270 sq. ft.
- Unit 6: Super area is 443 sq. ft. and carpet area is 234 sq. ft.
Capitalization Overview
Property has a single owner, there are no debts/loans.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
29 Buyers viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more