Month: February 2014
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Southern Sunrise Hotel, Southern Bypass, nairobi. Sale price.
The Southern Sunrise Hotel is located along the Southern Bypass near Thogoto town. There are 21 hotel rooms for sale. 20% of the rooms are already sold out. The Hotel room is valued at kes 5,000,000. The sale price is KES 2,000,000 with a 15% increase after every 5 buyers. Payment. The money is to…
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Southern Sunshine Hotel room investment. Comparison to Stock market.
The Southern Sunshine Hotel , developed along the Southern Bypass near Thogoto town, is being sold to investors per room. 33 rooms are available for sale. Investors will then be paid the rent income generated . The initial assumptions are as below. The Hotel will have an occupancy rate of 70%. Newer hotels in nairobi…