Newly Established Serviced Apartment for Sale in Greater Noida, India
| 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 |
- 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.
- 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.
- 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.