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Serviced Apartment for Sale in Pune, India

For Sale: Service apartment building with 22 rooms in Pune.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Serviced Apartments
Locations  Pune
Local Time 9:16 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 12.5 crore (Native Currency: INR 125,000,000)
Reason: We want to sell the facility as we have an opportunity in our core business which is the oil and gas... View More
Includes physical assets worth INR 12.5 crore
Interested to connect with advisors
Documents
Floor Plan
Profile
Business Overview
- 22 rooms (3 floors) with independent toilet, AC and furniture. Each between 280-320 sq. ft.
- Basement parking for 11 cars.
- Upper basement of 2000 sq. ft.
- Common breakfast area.
- Located in a good area of Pune.
- 500 feet away from the Bombay-Pune highway.
- 300 ft away from Balewadi Metro station.
- Solar water heater system with standby boiler, and storage tanks.
- 100KW genset back up.
- The facility at the moment is not leased to anyone.
- Holds approval as service apartment from local - Pune Municipal corporation.
Products & Services Overview
The property is equipped with a lift, solar heating, generator backup, RFID door locking system, 2-floor parking, and terrace.
Assets Overview
Tangible assets: land and the building.
Intangible assets: the promoter has customers ready to take the property on lease at short notice.
Facilities Overview
- 22 rooms, 2 floor parking, 3 floors for rooms (8+8+6).
- Has a total built-up area of 7,450 sq ft.
Capitalization Overview
The business has no loans and has 2 partners with equal shares.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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