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Serviced Apartments for Sale in Pune

Showing 1 - 2 of 2 Serviced Apartments for Sale in Pune. Buy a Serviced Apartment, Self-Catering Accommodation, PG, Hostel, Serviced Accommodation or a Student Hostel.

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Serviced Apartment for Sale in Pune, India

Offering PG services with 90% occupancy in Hinjewadi IT Park, Pune with 400 beds capacity.
The business operates in the serviced apartments industry in Pune, with a primary focus on providing Paying Guest (PG) services and serviced apartments. - The owner has branches in cities like Bengaluru and Hyderabad as well, but he is willing to sell the profitable business located in Pune branch as of now. - There are 4 buildings offering PG services with 4 floors in each. Also, there are 3 flats offering rental service. - PG services include single sharing and double sharing rooms. - PG services have an occupancy rate of 90% out of 150 rooms available. - Their service is utilized for a minimum of 6 months to 2 years maximum. - The rent for PG services ranges from INR 7,000-10,000 monthly per head. - There are 7 employees who work on a full-time basis. - Due to the high rent of the serviced apartments our inventory is idle and this has led to a drop in sales. - The business owner has rented these properties and does not own them. For this, the owner has a paid deposit of INR 50 lakh. - This is registered and duly compliant business.
6.9   Pune
Run Rate Sales
USD 255 thousand
EBITDA Margin
20 - 30 %
Business for Sale
USD 590 K
Contact Business

Serviced Apartment for Sale in Pune, India

For Sale: Service apartment building with 22 rooms in Pune.
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.
For Sale: Service apartment building with 22 rooms in Pune.
8   Pune
Run Rate Sales
Nil
EBITDA Margin
Nil
Business for Sale
USD 1.47 Mn
Contact Business
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Serviced Apartment for Sale in Pune, India

For Sale: Service apartment building with 22 rooms in Pune.
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.
For Sale: Service apartment building with 22 rooms in Pune.
8   Pune
Run Rate Sales
Nil
EBITDA Margin
Nil
Business for Sale
USD 1.47 Mn
Contact Business
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    There are 2 active and verified serviced apartments for sale in Pune listed on SMERGERS as of 14 December 2024.
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