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Exceptional Investment Opportunity Hotel Tower for Sale in Al Nuaimia 1 Directly on Sheikh Khalifa Bin Zayed Street Negotiable Price

We announce the availability of a prime investment hotel tower featuring a unique strategic location on one of the most vital main thoroughfares in the Emirate of Ajman, situated directly on Sheikh Khalifa Bin Zayed Street in the high density and highly demanded area of Al Nuaimia 1.

Tower Details and Specifications:
The total land area is 8000 square feet.
The building height and layout consist of a ground floor plus 4 dedicated parking floors plus 9 residential floors.
The age of the building is 11 years, featuring very solid construction and excellent upkeep.

Unit Components:
The tower comprises a total of 54 spacious apartments with practical layouts, divided as follows:
27 two bedroom apartments with three bathrooms.
27 one bedroom apartments.

Current Income Breakdown:
The property features diversified current operational revenue streams:
Hotel income is 1800000 AED.
Massage center income is 180000 AED.
Restaurant income is 165000 AED.
Total current annual income is 2145000 AED.

Investment Vision for High Yields:
The tower offers high flexibility, as it can easily be converted from hotel apartments to a standard residential building, raising the projected annual income to 2500000 AED per year.

Asking Price:
22000000 AED negotiable.

For Contact and Inquiries:
For more details or to arrange an on-site viewing, please contact us via call or WhatsApp at the following number:
0502219557

Property details

Hotel Tower for Sale on Sheikh Khalifa Street Al N

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Location

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