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For Sale: 120-Room Hotel & Serviced Apartment in a High-Potential Location Near Suvarnabhumi Airport – Turn-Key Business!

138,000,000 ฿
ID-834 - For Sale
For Sale: 120-Room Hotel & Serviced Apartment in a High-Potential Location Near Suvarnabhumi Airport – Turn-Key Business!
Beds 1 Baths 2 Kitchen Yes Living Room Yes Parking Yes Common Areas Yes

The Perfect Asset for Passive Income and Future Capital Gain Presenting the sale of “Baan Thanakun”, a large-scale residential and hotel project (Serviced Apartment / Hotel) in the highly sought-after location of Bang Sao Thong – Wat Srivaree Noi Road, an area with consistent residential demand all year round.

This is your chance to acquire a fully established business. There is no need to build from scratch or start your marketing from zero. You can step in, manage, and generate revenue immediately (Turn-Key Business)!

πŸ“Š Executive Summary

  • Project Name: Baan Thanakun

  • Property Type: Hotel / Serviced Apartment

  • Number of Rooms: 120 rooms (Standard room size is approx. 21 sq.m.)

  • Asking Price: 138,000,000 THB (Averaging only 1.15 million THB per roomβ€”an incredibly cost-effective entry point compared to current land and construction costs in the area).

  • Current Business Model: Operating with both “Daily” rates (approx. 800 THB/night) and “Monthly” rates (approx. 3,500 – 8,000 THB/month).

🌟 Investment Highlights

1. Strategic Location Situated on “Wat Srivaree Noi Road,” a major shortcut seamlessly connecting Bang Na-Trat and Lat Krabang Roads.

  • Near Suvarnabhumi Airport: Perfectly positioned to cater to airline staff, cabin crews, and transit tourists seeking convenient accommodation.

  • Near King Power Srivaree: Capturing the massive workforce and tourist influx from one of the country’s largest duty-free complexes.

  • Surrounded by Logistics Hubs, Universities, and Industrial Estates: Guaranteeing a solid, revolving base of monthly tenants and continuous long-term demand.

2. Ready to Earn (Turn-Key Asset)

  • All 120 rooms are fully furnished. Each room comes equipped with standard furniture, a bed, wardrobe, air conditioner, fan, water heater, and TV. The building structure and interiors have been exceptionally well-maintained, allowing operations to continue immediately without the need for major renovations.

3. Flexible Business Model

  • With 120 rooms, investors have the flexibility to optimize revenue streams. For instance, allocating 60 rooms for monthly leases guarantees a secure base income (Fixed Income), while the remaining 60 rooms can be utilized for daily rentals to maximize profits (High Yield).

  • The property holds immense potential to be upgraded or rebranded into a well-known Budget Hotel chain, effortlessly accommodating international tour groups.

🀝 Broker’s Perspective

“Securing a 120-room property in the Suvarnabhumi zone for an investment of 138 million THB is truly a Rare Item in today’s market. If you were to purchase land and acquire construction permits in this specific area today, your capital costs and payback period would be significantly higher. This asset is perfectly suited for investors or hotel groups looking to expand their portfolio in the Eastern Bangkok-Suvarnabhumi zone to capitalize on the upcoming Suvarnabhumi Airport expansion phases.”

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