Listing Details : LB-11832

Asking Price 5 Crs
Turnover N.A
Legal Entity Proprietorship
Category Real Estate
Sub Category Hostels
Business Listed By Business Owner

Overview

A 4-year-old furnished PG Hostel is Available for Sale in Dehradun. The Land Area is 600 sq yds and the built-up area is 16,000 sq. ft. It has 4 Floors including Ground Floor. Every Floor has 3 - 2Bhk flats (Includes Toilets, Hall, Kitchen Area and Balconies). There is an Open Terrace with Jungle View, with 15 Car Parking Area. The Ground Floor and 1st Floor Flats are given to Families, 2nd and 3rd Floor Flats are Given to Nearby Universities and College Students (Includes Both Boys and Girls). The Monthly Charge of Rs.15,000/- (Charges may Differ, Depending on the floors). There can be 80 people Accommodated in the Hostel. Currently, there are 70% of the Flats are being Rented. The Revenue is 2Lac per Month.

Year of Establishment

N.A

No. of Employees

0

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

The Land Area is 600 Gaz and the built-up area is 16,000 sq. ft. It has 4 Floors including Ground Floor. Every Floor has 3 - 2Bhk flats (Includes Toilets, Hall, Kitchen Area and Balconies). There is an Open Terrace with Jungle View, with 15 Car Parking Area. The Ground Floor and 1st Floor Flats are given to Families, 2nd and 3rd Floor Flats are Given to Nearby Universities and College Students (Includes Both Boys and Girls). The Monthly Charge of Rs.15,000/- (Charges may Differ, Depending on the floors). There can be 80 people Accommodated in the Hostel. Currently, there are 70% of the Flats are being Rented.

Competition / Market

No Competition.

Products & Services

The Land Area is 600 Gaz and the built-up area is 16,000 sq. ft. It has 4 Floors including Ground Floor. Every Floor has 3 - 2Bhk flats (Includes Toilets, Hall, Kitchen Area and Balconies). There is an Open Terrace with Jungle View, with 15 Car Parking Area. The Ground Floor and 1st Floor Flats are given to Families, 2nd and 3rd Floor Flats are Given to Nearby Universities and College Students (Includes Both Boys and Girls). The Monthly Charge of Rs.15,000/- (Charges may Differ, Depending on the floors).

Growth Potential

There can be a Good Cafe made on the 4th Floor, which will Socialise and Bring in more Customers. It would be Chill Spot with Landscape.

Reason For Sale

Personal Reasons.

Financial Details

Business Deals
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