Overview
|Description
Cebu Budget Hotel For Sale
An income-generating hotel in Cebu. This existing 3 Story Cebu Budget Hotel is for sale by the owner.
Location: Pelaez St., Cebu City
Conveniently located in the heart of Cebu City, one ride away from bustling uptown attractions, to Cebu’s Central Business District, SM City Cebu, and Cebu IT Park, a 15-minute walk from downtown heritage district and just across University of San Carlos-Main Campus.
The hotel provides comfortable budget accommodations for tourists and business people who wish to maximize their stay in the City while doing a business transaction in downtown Cebu City.Â
Its proximity to the piers and bus terminals also makes this hotel an ideal home base between further exploration of Cebu Province and surrounding islands of the beautiful Visayas Region.
Price: Php 45,393,000
Lot Area: 818 square meters
Floor Area: 1,670 square meters
Total Rooms and Usable Area:
- Â 23 Standard and Family Rooms
- Â 28 Economy Rooms
Ground Floor Leasable Area: 80 Square Meters more or less
Usable Rooms
1st Floor:Â
- 7 standard Rooms at Php 950 per day
 2nd Floor:
- 6 standard Rooms at Php 950 per day
- 2 Superior Rooms at Php 1,050 per day
- 8 Family Rooms at Php 1,550 to 1,695 per day
 3rd Floor: (Pending Renovation)
Rooms are fully Air-conditioned, with hot and cold showers, PABX Telephone System, Cable TV, wireless internet, and 24 hours back-up generator. Water supply is coming from the MCWD and deep-well pump.
Additional Income
18 Rooms – Boarding House at the back of the property between 2-3K per head/room with two persons per room.
NOTES:
All the rooms are occupied. The property is titled, the real property taxes are updated. No lien. Price is negotiable. Give your best offer, cash payment only.
We highly recommend viewing the property.
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