Spacious Guest House (480 Sq.M.) Near Karlovy Vary
For sale is a 4 storey Guest house in the prestigious suburbs of Karlovy Vary (2 km from the resort area). The building was fully refurbished in 2019. The overall land plot is 616 sq.m. The Guest house includes a cascade-built fruit orchard, sauna, summertime swimming pool, and lots of storage facilities. The building houses 7 stand-alone apartments (40 to 60 sq.m. each); every apartment is fully-furnished and includes electric hotwater boilers, kitchen, and an ensuite bathroom. On the top floors, the luxurious duplex apartment is located (100 sq.m.). Some of the apartments have picturesque views of the forest hills and a nearby river. The location is very quiet and unindustrialized.
Due to the sudden death of a family member who ran the Guest house, the owners decided to sell the business and relocate. The Guest house is in a good condition and is currently generating revenue.
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price Between $1,000,000 and $1,200,000
Cap Rate Available On Request
Deal Terms
Broker Co-Op? Available On Request
Seller Financing Available? Available On Request
Seller Willing To Lease? Available On Request
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