A Remarkable & Niche Investment for Any International Investor or Consortium :
Hotel Caliber is a 3-Star venue set in the business and leisure area of the cosmopolitan city of Kuala Lumpur. Set in an urban-style building, the property comprises 131 rooms. 24-hour reception, ironing facilities and newspaper service are also included.
Built-up area : 72,000 square feet.
It is a 10-minute drive from Petronas Twin Towers and a 30-45 minutes drive from the Kuala Lumpur International Airport (KLIA). The hotel is located 10 minutes' drive away from Suria KLCC.
Shopping centres and shops are situated next to the venue. The accommodation is also set close to 1Shamelin Shopping Mall.
Every room is furnished with free wireless internet access, a laptop-compatible safe and a writing table. Some units include an en suite bathroom with a shower, a dryer and toiletries.
The area features Chinese and Asian delicacies restaurants, nightclubs and bars, Spas etc.
There are Light Rapid Transport (LRT) and Mass Rapid Transport (MRT) train stations nearby easily connected by taxicabs, Grab vehicles, buses etc.
Hotel Caliber has 3 long-term tenants, a 2-floor Chinese & Asian delicacy seafood cuisine restaurant with a special VIP floor/level, Cabana Spa and a Nightclub and Bar, that continually renew their tenancies. The income derived from the 3 tenancies is sufficient to maintain profitable hotel operations.
At US$18,500,000 sale price, the Return On Investment (ROI) is estimated to be between 5.795% to 5.844%. Much higher than US Treasury yields! The 10-year US Treasury note yield BX:TMUBMUSD10Y is virtually flat at 1.772%.
Contact A.J. Hakimi at (60)012-2132308 or email email@example.com for the acceptance of the offer for sale and to Purchase a 3 Star Business & Leisure Hotel in Cosmopolitan Kuala Lumpur, Malaysia for ONLY US$18,500,000.
Cheras Business Centre, Batu 5 Cheras, Cheras, Kuala Lumpur 56100, Malaysia