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Hotel,

Hotel, Անտառային փողոց in the center, 332 sq.m.

$900,000 $900,000
349,272,000 ֏ 82,765,877 ₽
Property Information
Type
Hotel
Construction Type
Monolith
Floor Area
332 sq.m.
Furniture
Available
Elevator
Not available
Location from the Street
Second Line
Entrance
Separate from the Street
Parking
Outdoor parking
Description
Operating profitable business - hotel near Cascade
The building is 4 floors, newly built, 332 square meters, located on Antarai street, in the middle of Matenadaran and Kaskadi. 50 meters from the Cascade, 100 meters from Matenadaran. The intended purpose of the real estate is residential, but it is designed and operated as a building used for residential business. There is 1 one-room apartment-studio on each floor, and 2 on the second and third floors. There are 6 apartments in total, 2 of which are designer renovated, furnished and leased, 2 are not renovated, the other two are partially built (the first 8 in the pictures are the pictures of the first floor apartment, 9-18 are of the 2nd floor the pictures of the apartment on the floor) In the 2 apartments that are already in operation, there is a TV, air conditioner, washing machine and dishwasher, stove, smart heating system.
At the back of the building, there are 6 private rooms with their own bathrooms and property, which are also used as accommodation and are given on long-term lease (pictures 20-24 are pictures of one of the private rooms)
The construction of the building is 85% completed (the attic, the 4th floor, has not been built yet) There is a building with a mansard floor. Permit is valid until the end of 2025. 35 percent of the building is operated and the profit is 2500-3500 USD. With a very small investment (completing the renovation of apartments), the return will be 7000-8000 USD.
The building has three-phase and single-phase electricity, solar water heaters, a city telephone line and internet. There is a storage area.
It can be used as both apartments for separate rent and hotel rooms.
The apartments are available for monthly rent from November to April, from May to November booking. Com and airbnb. Com website bookings were provided on a daily basis. In this way, the yield is even higher. Repairs are kept fresh.
It is sold with all appliances and furniture.

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Translated from Armenian
Places Nearby
Cascade0.1 km2 - 3 min
Matenadaran0.3 km5 - 6 min
Yeritasardakan Metro Station0.6 km10 - 12 min
Opera Theatre0.6 km10 - 12 min
Victory Park0.7 km11 - 13 min
Yerevan State Medical University0.8 km12 - 15 min
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