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Serviced Apartment Investment Opportunities in Lucknow

Showing 1 - 2 of 2 Serviced Apartment Investment Opportunities in Lucknow. Invest in a Serviced Apartment, Self-Catering Accommodation, PG, Hostel, Serviced Accommodation or a Student Hostel.

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Newly Established Serviced Apartment Investment Opportunity in Lucknow, India

Plan to provide rental accommodation to students and working professionals with a lifestyle quotient.
- Company is in the process of being registered as a private limited entity and it will take a few weeks to complete. - We aim to provide rental accommodation to students and professionals. - Currently we are in the process of purchase of a 2,400 sq. ft. land for development. - Once we have acquired the property, it would take about 8-12 months for construction and operation. - The land is close a well known university and is in close proximity for the students. - Initially we plan to have 18 rooms with 36 beds. The rooms would also have amenities such as AC, housekeeping and WiFi. - There would also be common amenities such as an open kitchen, a co-working space, a gaming zone and a lounge area. - Promoter has more than 6 years of experience in the real estate industry.
Plan to provide rental accommodation to students and working professionals with a lifestyle quotient.
7.1   Lucknow
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 300 K for 25%
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Serviced Apartment Investment Opportunity in Lucknow, India

Student accommodation company with 8 properties and more than 300 beds.
- We offer premium rooms for students to live in at an affordable price. - Currently, we have 8 properties with more than 300 beds in Lucknow & Allahabad. - We take the properties on rent from the owners and we sign a deal to take complete charge of the property. - The rooms are then given to students on a monthly rent basis and the owner is paid from the collected revenue. - Recently our occupancy rate is 90% from full occupancy but is rising. - The rooms are fully furnished with facilities like meal plans, WiFi, shared kitchen, and water cooler. - Promoter has 3 years of experience in this industry and 10 years of total business experience. - We have 2 more properties in the pipeline for acquisition. - Aiming for extending the business to have 500 beds by the next 6 months. - Last year the sales were less due to the pandemic.
Student accommodation company with 8 properties and more than 300 beds.
6.5   Lucknow
Run Rate Sales
USD 220 thousand
EBITDA Margin
10 - 20 %
Financial Investment
USD 60 K for 10%
Contact Business

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    There are 2 active and verified serviced apartment investment opportunities in Lucknow listed on SMERGERS as of 28 January 2023.
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