32 Bedroom Hotel for sale in Chang Phueak, Chiang Mai

Fully licensed and recently underwent total renovation, a 26 rooms hotel for sale in Changphuak area of Chiang Mai town. The hotel is located on a lesser busy street within the buzzling community of students, tourists and locals alike. It is a stone's throw away from the Superhighway that leads to Nimmanhaemin road in less than 10 minutes drive. It takes approximately 13-15 minutes to drive to the airport, 5 minutes to the moat area and Chiang Mai Ram hospital and 14 minutes to CMU. The Rajabhat university is across the road from the hotel's street.

The 3 storey former shophouse building has several entrances, one is through the grand entrance doors with a cozy driveway with the swimming pool and bar on the left and the covered car parking ahead. The second entrance is through the hotel reception and lobby area and the third entrance is from the courtyard away from the street. The building has undergone a 3 year total renovation. The ground floor contains 6 commercial units with 1 unit that has 2 floors and is larger than the others, hotel lobby entrance, a restaurant with fully fitted kitchen, and a gym with all new equipment as well as a pantry and bathroom. Part of the second floor are student flats and the rest are the apartments.

The hotel has 22 rooms with their own bathrooms and are fully furnished. The mansion consists of 4 studios, 2 one bedroom units and 2 two bedroom units. All units have tall ceilings, spacious, fully a/c and beautifully furnished with handpicked furniture pieces, each unit with its own unique style. Inside the building is very quiet and peaceful. It's hard to believe it is in the heart of a buzzling area of Chiang Mai. One of the apartments is located next to the hotel lobby and has its own entry, it has two floors, the ground floor is the living area and going up the stairs is the mezzanine floor with an open bedroom, again beautifully decorated. The hotel also has a covered rooftop area for storage as well as large water tanks. The business is under company names so can be conveniently transferred. There is no liability to the companies. A great investment opportunity in one of the most sought after and up and coming areas of town.