Rented Commercial Property for Sale in Amman, Jordan
Acquire a 2,315 sqm, 5-floor property with 41 rooms, poised for conversion into profitable hotel.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 360 thousand |
| Run Rate Sales | USD 360 thousand |
| EBITDA Margin | 40 % |
| Industries | Rented Commercial Properties |
| Locations | Amman |
| Local Time | 4:23 AM Asia / Amman |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
4.2 million
(Native Currency: USD 4,200,000)
Reason: The owner is moving abroad.
Includes physical assets worth
USD
4.2 million
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Establishment's National Number Certificate
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Business Overview
- The property is a female student dormitory located in Amman, Jordan, with a total area of 2,315 square meters and 41 rooms, of which 39 are currently occupied.
- The property generates a monthly rent of USD 30,000 and is completely debt-free.
- Building consists of 5 floors, with each floor containing 8 luxurious hotel apartments of approximately 40 square meters, equipped with modern deluxe furnishings, air conditioning, and a garage that can accommodate around 30 cars.
- There is potential for conversion into a hotel with simple modifications and acquiring the right licenses, with an estimated annual revenue of USD 1 million.
- Property can be classified as a two-star hotel, with the potential to be upgraded to three or four stars through the development of facilities such as a swimming pool, restaurant, cafe, and other amenities due to its excellent infrastructure.
- The current occupancy rate is 75% as a female student residence, generating an annual profit ranging from approximately USD 350,000 to USD 375,000.
- There is potential to increase annual income by developing the property by changing its activity, such as opening a restaurant and coffee shop and establishing a swimming pool.
- Currently, we do not need any licenses or approvals to operate the dormitory.
- The property generates a monthly rent of USD 30,000 and is completely debt-free.
- Building consists of 5 floors, with each floor containing 8 luxurious hotel apartments of approximately 40 square meters, equipped with modern deluxe furnishings, air conditioning, and a garage that can accommodate around 30 cars.
- There is potential for conversion into a hotel with simple modifications and acquiring the right licenses, with an estimated annual revenue of USD 1 million.
- Property can be classified as a two-star hotel, with the potential to be upgraded to three or four stars through the development of facilities such as a swimming pool, restaurant, cafe, and other amenities due to its excellent infrastructure.
- The current occupancy rate is 75% as a female student residence, generating an annual profit ranging from approximately USD 350,000 to USD 375,000.
- There is potential to increase annual income by developing the property by changing its activity, such as opening a restaurant and coffee shop and establishing a swimming pool.
- Currently, we do not need any licenses or approvals to operate the dormitory.
Products & Services Overview
Currently, the business is a dormitory offering boarding to female students.Our clients are female students and working professionals.
Assets Overview
Tangible assets: land and the building worth USD 4.2 million.Intangible assets: the current renters.
Facilities Overview
The facility is an owned 5-floor building in Amman, with a total area of 2,315 square meters.
Capitalization Overview
The business does not have any loans or debts and 100% of the company is owned by the promoter.
Recent Activity
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
Tags:
Rented Commercial Property for Sale in Amman, Jordan
·Purchase Rented Commercial Property in Amman, Jordan
·Buy Rented Commercial Property in Amman, Jordan
·Preleased Property for Sale in Amman, Jordan
·Purchase Preleased Property in Amman, Jordan
·Tenanted Property for Sale in Amman, Jordan
·Purchase Tenanted Property in Amman, Jordan
·Buy Preleased Property in Amman, Jordan
·Buy Tenanted Property in Amman, Jordan
·Rented Commercial Property for Sale
·Preleased Property for Sale
·Tenanted Property for Sale
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