30 Bed Commercial for Sale in Mueang Chiang Mai

Thriving Hostel Business in Prime Chiang Mai Location Description: A lucrative opportunity awaits with this fully-occupied hostel located in the heart of Chiang Mai, just behind a major shopping mall. This well-established business offers a steady income stream and significant growth potential. Key Features: Strategic Location: Enjoy the benefits of a prime location near popular attractions and amenities. 30 Comfortable Rooms: Catering to a variety of budgets with 25 fan rooms and 5 air-conditioned units. High Occupancy Rates: Benefit from consistent rental income and a loyal customer base. Affordable Operating Costs: Keep overhead low with a shared well water supply and competitive electricity rates. Large Land Area: The 384 sq. wah property offers ample space for potential expansion or additional amenities. Ready-to-Operate: Seamlessly take over this turnkey operation with minimal setup required. Financial Highlights: Stable Income: Generate a consistent monthly income from room rentals. Low Overhead: Enjoy affordable operating costs, including water and electricity. High Return on Investment: A proven business model with a strong track record. Asking Price: 32 million baht